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Mar 11, 2024 · JOHANNESBURG, March 11 (Reuters) - South Africa's rand firmed on Monday, holding onto gains from last week in the absence of any major domestic economic releases. At 1522 GMT, the rand traded at ...
Dec 14, 2023 · JOHANNESBURG, Dec 14 (Reuters) - South Africa's rand gained against the softer dollar on Thursday after data showed producer inflation fell more than expected in November and formal sector...
May 10, 2023 · The currency of South Africa’s weakened as much as 1.1% on Wednesday to R18.8368 per dollar, the biggest loss among major emerging markets to the lowest since May 2020. MSCI’s gauge of emerging-market currencies was 0.2% higher on the day. USD/ZAR: Rand is again completely out of step with comparable Emerging Market currencies.
May 25, 2023 · South Africa Rate Hike Fails to Stop Rand Slumping to Record Low. Currency weakens as much as 2.6% following 50-basis-point hike. Central bank sees economy growing just 0.3% this year. A...
May 25, 2023 · JOHANNESBURG, May 25 (Reuters) - The South African rand went into a surprise free fall on Thursday as the central bank raised its benchmark lending rate by 50 basis points, as it strives to...
May 10, 2022 · JOHANNESBURG, May 10 (Reuters) - The South African rand gained on Tuesday, helped by a recovery in risk appetite globally after a steep loss on Monday. But U.S. dollar strength and power...
Sep 27, 2022 · JOHANNESBURG, Sept 27 (Reuters) - South Africa's rand firmed on Tuesday after slumping to a 28-month low a day earlier as the U.S. dollar took a pause amid some appetite for riskier assets....