Rand rebounds amid global economic concerns
Last week, the South African rand experienced a significant drop of about 2% on Monday. This was driven by global investors seeking safer assets amid growing fears of a potential …
rand report
Rand rallies amid US election drama and local economic reforms
The South African rand (ZAR) experienced significant fluctuations over the past week due to international influences. Softer US economic data and US election activities have created uncertainty about the long-term …
Eventful week sees Rand depreciate amid global turmoil
This week has been marked by significant events affecting both the local currency and the global landscape. From the attempted assassination of Donald Trump to Joe Biden stepping down from …
Rand hits 10-month high, then dips amid political uncertainty
South Africa’s rand grew stronger last week following the release of inflation data and the inauguration of President Cyril Ramaphosa for his second term. With investors focusing on the unity …
The rand gains major strength after a week of geopolitical waves
The rand started at its weakest in many weeks as it fluttered a few cents below R18.90 to the US dollar. Domestic politics were in a state of flux, as …
The rand week of fluctuations against the USD and GBP
The South African rand has exhibited some fluctuation, oscillating within a roughly 3% range since last Tuesday. As of this writing, it is positioned at the midpoint of this range, …
South African rand weakens amid post-election scepticism
The South African rand depreciated to around R18.70 to the USD, reaching a recent one-month low of R18.80 per dollar. This decline was driven by a stronger US dollar and …
The South African rand remains resilient despite resistance
Over the past week, the South African rand experienced a mixed performance, driven by both international market dynamics and domestic issues. The rand demonstrated notable resilience, but ongoing challenges and …
Rand weakens after month-long surge
The South African rand has been hitting local lows against the USD and GBP, but this downward trend seems to be slowing. Recently, we observed the smallest weekly drop in …
Currency strengthens in line with ongoing trends
Over the past week, the South African rand has shown increased strength, notably influenced by a weakening US market and conservative policies from the South African Reserve Bank (SARB). On …