Tag: rand

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...

The rand was steady against the dollar on Thursday morning, gradually recovering after hitting a seven-month low on Wednesday. Uncertainty in the global environment due to the ongoing trade war between US...

The rand weakened on Monday amid jitters over upcoming elections and worries over a trade war between the United States and China, curbing last week’s demand for emerging-market currencies. On Sunday, US President Donald...