Tag: rand

1. Big players rally behind accelerated economic recovery strategy Private sector players have rallied behind the accelerated economic recovery strategy proposed by South Africa’s biggest business grouping with the aim of achieving...

On Thursday last week, Ramaphosa announced that the country will be going into a level four lockdown, allowing more industries to operate. Following the announcement, the Rand strengthened about 1.1% on...

South Africa’s rand was flat early on Monday, holding on to its brief recovery from last week as traders and investors continued to weigh heightened global growth risks against local uncertainty. At...

The ZAR opened at R17.35 and continued to strengthen on Tuesday, breaking the R17.21 mark at noon. This was mainly driven by weakness in the Pound where political uncertainty around Brexit...

The rand firmed early on Tuesday, boosted by a dollar slide to multi-month lows against other major currencies as investors looked to emerging markets in the wake of dovish turn by...