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The South African Rand

Weekly Rand Report: Rand woes continue

by Anas Siddiqui
Weekly Rand Report: Rand woes continue

The rand has been the black sheep of the emerging-market currencies – plagued by load-shedding and troubles with state-owned enterprises. While emerging-market currencies have been buoyed by global risk-on sentiment …

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Rand Report: Further Rand weakness

by Anas Siddiqui
Rand Report: Further Rand weakness

The rand weakened against the US Dollar from a low of R18.27 to a current rate of R18.74. Similarly, the rand has lost significant ground against the British Pound, weakening …

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Consolidating before continuation or reversal? 

by Anas Siddiqui
Consolidating before continuation or reversal? 

The South African rand has been consolidating since the big down-candle last Tuesday, where the rand strengthened against the Dollar from a high of R18.72 to a low of R18.208. …

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Rand weakness – mercy bounce or new uptrend?

by Anas Siddiqui
Rand weakness – mercy bounce or new uptrend?

The rand has shown some weakness over the past week, bouncing off the low of last week at R18.15 to a current exchange rate of 18.70 to the US Dollar. …

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The Rand comes roaring back

by Anas Siddiqui
The Rand comes roaring back

The rand traded exceptionally strongly last week, going from a high of R18.95 to a low of R18.15 against the US Dollar. The rand had a similar, but less dramatic …

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Minor strength observed from the rand

by Anas Siddiqui
Minor strength observed from the rand

The rand has continued to display strength against the dollar, albeit minor. After closing last week at R18.86 to the dollar the rand has spent Monday trading between 18.75 and …

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Decision time with risks looming

by Anas Siddiqui
Decision time with risks looming

The South African rand has been trading in a defined range against the dollar since last week, bouncing between a high of around R19.15 and a low of around R18.86. …

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