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exchange rate

How Joe Biden’s US presidential race withdrawal affected the rand

by Anas Siddiqui
How Joe Biden’s US presidential race withdrawal affected the rand

Joe Biden’s decision to drop out of the US presidential race fuelled fresh uncertainty in world markets on Monday. After last weekend’s assassination attempt on Donald Trump – and the …

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Rand breaks R18/$ barrier on Inauguration Day

by Anas Siddiqui
Rand breaks R18/$ barrier on Inauguration Day

The rand broke through the crucial R18/$ barrier on Wednesday, 19 June – which just happens to be President-elect Cyril Ramaphosa’s Inauguration Day. REMEMBER | Inauguration Day is NOT a …

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UK university orders some Nigerian students to exit country

by Ron Morgan
UK university orders some Nigerian students to exit country

Some Nigerian students studying at Teesside University have been asked to leave the United Kingdom (UK) over their failure to pay their fees, the BBC reported on Wednesday. The students, …

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Why has the Japanese yen dipped to a three-decade low? There are several factors

by Walter Watson
Why has the Japanese yen dipped to a three-decade low? There are several factors

Japan’s yen hit a three-decade low on Monday before rebounding in a move currency traders suspected was official intervention. Support for the currency follows a years-long slide that even Japan’s …

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As gold smuggling runs rampant, Vietnam casts around for ways to tame market

by Walter Watson
As gold smuggling runs rampant, Vietnam casts around for ways to tame market

Stabilising the gold market is a pressing issue for the Vietnamese government with smugglers taking advantage of higher local prices to slip in the precious metal, leading to exchange rate …

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Economy another victim of war in impoverished Sudan

by Walter Watson
Economy another victim of war in impoverished Sudan

“To get it out I had to pay huge sums to the Rapid Support Forces,” the paramilitaries commanded by Mohamed Hamdan Daglo who are at war with the Sudanese Armed …

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The cost of a Big Mac, coffee, hotel stay in SA vs other countries

by Anas Siddiqui
The cost of a Big Mac, coffee, hotel stay in SA vs other countries

Over the past year, the South African rand has weakened about 9% versus the dollar and euro, and around 12% against the UK pound. This makes South Africa a standout …

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Opinion | Japan won’t be swaggering on the world stage any time soon

by Walter Watson
Opinion | Japan won’t be swaggering on the world stage any time soon

The most immediate threat is another recession. The 2.1 per cent contraction in the July-September period year on year comes as China’s economy slows and elevated US bond yields send …

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