Tag: weak
Rand buoyed by risk appetite and a weak Pound
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...
Weak rand could be great for manufactured exports
The rand opened about 0.5 percent weaker on Tuesday, trading near the R13.40 mark before strengthening to R13.28 during intraday trade.
However, it is not all doom and gloom as analysts...
SA funding to suffer from weak rand -Moody’s
South Africa will find it harder to raise funds and service its foreign debt after a worsening of external financing conditions in recent months due to a fall in the rand...
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South Africa can become a global hub for making batteries for...
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