Markets close firmer, but banks remain under strain

2017-04-10 18:38

South African markets ended firmer, while banks and retailers remain under pressure as investors review the implications of the most recent credit ratings downgrade.

Rand falls as emerging-market currencies slump

2016-05-03 18:42

The rand has weakened by the most in nine weeks against the dollar to lead losses among global currencies.

Rand, stocks rally on improved risk appetite

2016-04-13 18:51

The rand has extended gains against the dollar, partly driven by positive sentiment towards emerging markets, while stock emulated the upward movement.

Rand edges lower ahead of data

2014-04-02 18:42

The rand has weakened as mining strike concerns lingered but investors remained wary ahead of a US jobs report.

Rand firms recent high against dollar

2014-03-27 10:38

The rand has edged towards its highest in a week, as global risk sentiment remains supportive and investors priced in tighter monetary policy later in the year.

Rand edges up, bonds firm

2013-12-23 19:48

The rand has edged up against the dollar and government bonds were also firmer in a quiet trade with many market players taking year-end breaks.

Rand, government bonds weaker

2013-11-27 19:09

The rand has fallen and a policy review by the South African Reserve Bank made it clear the central bank was not inclined to prop up the local currency.

Rand slips against buoyant dollar

2013-11-08 19:18

The rand has fallen as much as 1% against the greenback as US jobs data reignited expectations that the Federal Reserve will cut back on asset purchases.

Rand falls as Amplats strike weighs

2013-09-27 18:37

The rand has retreated to a two-week low, dragged down by strike action at Anglo Platinum.

Rand outshines emerging market peers

2013-06-24 19:00

The rand has been the best performing currency among its emerging market peers‚ strengthening by as much as 0.54% against the dollar.


Zim scraps plan to convert dollar earnings to rands, euros

2016-05-11 08:27

Zimbabwe’s central bank has abandoned a plan to convert half of its export earnings into rands and euros as it explores ways to ease a shortage of dollars.

Rand retreats but on track for weekly gain

2016-04-15 18:45

The rand has retreated slightly against the dollar but was still on track for a weekly rise, while stocks followed emerging markets higher.

Rand firms ahead of US Fed speech

2014-10-29 18:17

The rand has firmed slightly against the dollar as markets await the outcome of a US Federal Reserve meeting on its direction regarding interest rates.

Rand stuck near three-month high

2014-04-01 18:26

The rand has weakened against the dollar, pulling back slightly from a three-month high as momentum slowed as the unit tracked the euro currency.

Rand falls to two-week low

2014-03-12 19:21

The rand has dropped to its weakest in a fortnight against the dollar, hit as emerging market currencies came under pressure because of growth concerns in China.

Rand steady ahead of trade data

2013-11-29 09:16

The rand has been steady after hitting a two-week low in the previous session, and it is likely to take its cue from the latest trade figures due later.

Rand gets a boost from China reform plans

2013-11-18 18:50

The rand has firmed against the dollar as global markets were lifted by the prospect of ambitious economic reforms in China and continued US monetary stimulus.

Rand supported by weakening dollar

2013-10-24 19:05

The rand has firmed against the dollar, supported by bearish dollar sentiment, while bonds have steadied.

Rand gains on weaker dollar

2013-07-08 17:37

Despite a wildcat mine strike weighing on the rand, it has firmed against the dollar as the greenback retreated from multi-year highs hit last week.

Rand slightly firmer

2013-06-21 17:14

The rand has managed to tick up 3 cents against the dollar in afternoon trade as the forex market settled down after a rout in commodity currencies.

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