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 …
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 …
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 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 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 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 …
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 …
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 …
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 …
This past week, the South African rand experienced notable declines, primarily influenced by a “risk-off” sentiment amid the ongoing conflict in the Middle East and concerns over potential escalations. Notably, …