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May 25, 2023 · 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 stem sticky food inflation and...
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
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.
Dec 9, 2021 · JOHANNESBURG, Dec 9 (Reuters) - The South African rand dropped almost 2% on Thursday as manufacturing output slumped far more sharply than expected in October. At 1532 GMT, the rand traded at 16. ...
Mar 28, 2022 · JOHANNESBURG, March 28 (Reuters) - South Africa's rand retreated from a five-month high against the dollar on Monday as the greenback strengthened, with China's re-imposition of a lockdown in ...
Jun 12, 2023 · JOHANNESBURG, June 12 (Reuters) - The South African rand extended gains on Monday, building from the previous week, as investor sentiment towards Africa's most industrialised economy...
JOHANNESBURG (Reuters) -South Africa's rand weakened on Tuesday, tracking the U.S. dollar after a mixed batch of trade, budget and money supply data. At 1530 GMT, the rand traded at 18.8050 ...