Over the past week, the South African rand strengthened against most major currencies. This rise was primarily influenced by international factors, particularly trends in the US Dollar (USD), though domestic …
The South African rand demonstrated significant strength this past week, largely influenced by international factors and global market sentiments. The rise in tensions between Israel and Iran, particularly expectations of …
This week, two significant events occurred. Firstly, US inflation data came in higher than expected, delaying the anticipated rate cut from July to September, which in turn strengthened the US …
Over the past week, the South African rand (ZAR) increased significantly against both the USD and the British Pound (GBP). The currency was mostly driven by a weaker USD and a …
Over the past week, the South African Rand (ZAR) maintained stability, fluctuating within a limited range. The currency consistently traded between R23.75 and R23.95 against the British Pound. During the …
This past week, the South African Rand demonstrated notable strength, achieving levels not seen since mid-February. The Rand’s robust performance was primarily fueled by a significant rise in gold prices …
This week, the South African Rand experienced a significant decline against major currencies, influenced by negative market reactions following the national budget announcement. The Rand is currently trading at R19.17 …
Over the past week, the South African Rand weakened further against most currencies, including those from emerging markets and developed countries. Notably, the Rand declined by 2.04% against the New …
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, …
The Rand finished 2023 on somewhat strong terms in December, closing at R18.28 against the US Dollar and R23.29 against the British Pound. The strong December was quickly forgotten, as …