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     Reuters on MSN.com

     South African rand falls as election vote count gets underway

     The South African rand fell on Thursday as early poll results showed the governing African National Congress was on course to lose its majority, a scenario that could lead to weeks of uncertainty as it tries to negotiate a coalition with one or more smaller parties.

     1 day ago

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     Reuters on MSN.com

     South Africa's rand, stocks and bonds slip as projections show ANC losing majority

     23 hours ago

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     Reuters

     Rand dips amid uncertainty as South Africa heads to coalition

     2 hours ago

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     Reuters

     South African rand gains ahead of election, rate decision

     4 days ago

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     Rand Drops as Investors Fret Over South Africa Coalition Mix

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2. www.reuters.com › markets › currenciesSouth African rand weaker following Fed meeting minutes

   www.reuters.com › markets › currencies

   May 23, 2024 · The South African rand weakened on Thursday, after Federal Reserve meeting minutes released on Wednesday hinted that interest rates will remain higher for longer in the world's biggest economy.

3. www.bloomberg.com › news › articlesRand Traders Nervous Over Potential Reversal as South Africa ...

   www.bloomberg.com › news › articles

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   2 days ago · Bloomberg Terminal clients can click on ELEC ZA for more on South Africa’s elections. Election day is a public holiday in South Africa, and the nation’s stock and bond markets are closed. The ...

4. People also ask

   What happened to South Africa's Rand?

   • JOHANNESBURG, Sept 29 (Reuters) - South Africa's rand weakened in early trade on Thursday, as the U.S. dollar regained its footing after a recent dip. At 0642 GMT, the rand ZAR=D3 traded at 18.9550 against the dollar, 0.67% weaker than its previous close.

   South African rand weakens as dollar bounces back

   www.nasdaq.com/articles/south-african-rand-weakens-as-dollar-bounces-back

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   Can I cancel a South African election?

   • You can cancel any time. South African stocks and the rand currency fell Thursday, as early results were announced from this week's hotly contested national election. The African National Congress, which has been in power since Nelson Mandela was elected president in 1994, is at risk of losing its absolute majority.

   South African Stocks and Currency Drop After Early Election Results

   www.wsj.com/livecoverage/stock-market-today-dow-jones-earnings-05-30-2024/card/south-african-stocks-and-currency-drop-after-early-election-results-iUAVC0k2Q3CBeZhjwV8T

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   Why did South Africa's stock index rise 34% this month?

   • South Africa’s benchmark stock index, which was closed on Wednesday for the vote, has risen 3.4% in local currency terms this month, outperforming more than 60 national benchmarks worldwide. Higher commodity prices helped fuel the gains, and investors began pricing in a market-friendly election outcome.

   South African Rand Drops as Election Forecast Shows ANC Decline

   www.yahoo.com/news/south-african-rand-drops-election-065953509.html

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   Who will get 42% of South Africa's vote?

   • Vote counting was underway on Thursday after South Africans took to the polls on Wednesday in the most contested election since the end of apartheid. The governing African National Congress is projected to get roughly 42% of the national vote, the country's Council for Scientific and Industrial Research told the public broadcaster on Thursday.

   South African rand falls as election vote count gets underway

   www.reuters.com/markets/currencies/south-african-rand-falls-election-vote-count-gets-underway-2024-05-30/

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5. www.yahoo.com › news › south-african-rand-dropsRand Drops as Investors Fret Over South Africa Coalition Mix

   www.yahoo.com › news › south-african-rand-drops

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   12 hours ago · South Africa’s ANC Loses Some Ground In Early Vote Tally. With 37% of election stations tallied, the opposition Democratic Alliance had 26.6% of the votes, while the populist Economic Freedom ...

6. www.msn.com › en-us › moneySouth Africa's rand, stocks and bonds slip as projections ...

   www.msn.com › en-us › money

   South Africa's government bonds also felt the pressure. Yields on the domestic 10-year benchmark spiked as high as 10.743% - levels last seen in late April - before pulling back to 10.655%, LSEG ...

7. www.wsj.com › livecoverage › stock-market-today-dowSouth African Stocks and Currency Drop After Early Election ...

   www.wsj.com › livecoverage › stock-market-today-dow

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   22 hours ago · South African stocks and the rand currency fell Thursday, as early results were announced from this week's hotly contested national election. The African National Congress, which has been in power ...

8. www.cnbcafrica.com › 2024 › south-african-randSouth African rand steady as focus shifts toward elections ...

   www.cnbcafrica.com › 2024 › south-african-rand

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   3 days ago · At 0715 GMT, the rand traded at 18.4325 against the dollar ZAR=D3, not far from its previous close of 18.4250. South Africans vote in national and provincial elections on May 29, with market ...