What has Turkey got to do with SA and the rand?

2018-08-16 18:13

Along with Turkey, Brazil, India and several other countries, SA is considered one of the more vulnerable emerging markets, says financial services company Levantine & Co.

No sign of ‘Ramaphoria’ as reality sets in for SA

2018-08-16 11:16

If there were any doubts that the euphoria following Cyril Ramaphosa’s election as president of South Africa has evaporated, this week’s slump in the rand has removed them.

Rand plunges on renewed land reform rumours, Moody's warning

2018-08-15 14:07

The rand has slumped more than 3% due to renewed uncertainty over South Africa's land reform plan and a Moody's warning on the country's fiscal deficit.

Emerging market rout eases after ‘manic Monday’ Turkey contagion

2018-08-14 08:36

Some emerging currencies rose in early Asia trading, with the rand adding 0.6% against the dollar and the Mexican peso climbing 0.1%.

Rand will rally - even though it's hit second-hardest, say analysts

2018-08-13 21:00

At present there's no reason to believe the rand won't "pull back" - although it has been badly hit, and the Ramaphoria honeymoon is over, say analysts from RMB.

This is why Turkey is in meltdown – and why it is dragging the rand down with it

2018-08-13 14:12

Turkey has grown at breakneck pace and amassed debt in the process. Now, 8,000km away, South Africa is one of the countries paying the price.

Rand plunges in early trade in emerging market rout

2018-08-13 08:04

The rand plunged against the dollar in early trade as it continued to be dragged lower by the Turkish lira and Russian rouble.

Dollar 'on the front foot' as US CPI report reveals decade high

2018-08-10 18:57

Analysts have said the dollar is likely to maintain its strong footing, advising that the rand is likely to reach R14.50/$ in the short term.

Rand nears R14/$ as dollar firms to 13-month peak

2018-08-10 10:00

Emerging market currencies could not resist the effects of a strengthening dollar, with the rand, the rouble and the lira all falling.

Rand needn't worry SARB, study finds

2018-08-07 16:12

Who’s afraid of a weaker rand? Not the South African Reserve Bank, according to a new study examining the pass-through of currency fluctuations to inflation.

 

Volatile rand continues to see-saw around the R14.50/$-level

2018-08-16 13:29

Analysts say the period of sharp volatility for the local currency is likely to continue, with both local and international factors playing a role.

Downbeat Moody's, Naspers add to perfect storm for rand

2018-08-15 17:32

The rand headed for its biggest drop against the dollar since 2016, buffeted by headwinds, including a downbeat view of the economy by Moody’s and a plunge in the biggest company on the JSE.

Rand firms by 2.5% against the dollar in early trade

2018-08-14 10:20

The rand, which reached its lowest level in two years on Monday to trade at R15.41/$, was on Tuesday morning again near the R14/$ mark.

SA Reserve Bank says rand drop is blip due to Turkey

2018-08-13 23:04

A jump in South Africa’s interest-rate bets may be little more than a reflection of the turmoil in Turkey.

Rand hit hard as traders brace for more Turkish turmoil

2018-08-13 14:45

The meltdown in the Turkish lira is finding its way into other markets with traders positioning for more turmoil for the rand.

Look: The moment the rand, and 5 other emerging-market currencies, followed the Turkish lira into meltdown

2018-08-13 12:51

The rand wasn't alone; the crash in the Turkish lira rapidly spread around the world.

Rand decline 'more complicated than domestic issues'

2018-08-12 18:29

Peregrine Treasury Solutions says emerging markets largely suffered severe blows due to the sale of riskier assets by global investors.

Rand breaches R14/dollar for first time this year

2018-08-10 16:19

The rand has dipped to its lowest level in nearly nine months, trading at R14.11 against the greenback by 15:56 on Friday.

Rand steady in early trade as SA readies for Women's Day

2018-08-08 11:05

The rand was steady in early trade on Wednesday, with analysts expecting a day of quiet trade ahead of Women's Day on Thursday.

Rand strengthens in early trade

2018-08-07 11:00

The rand strengthened against the dollar in early trade on Tuesday morning, as it followed its fellow emerging market currency the lira higher.

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