Tag: exchange rate
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Rand weakens sharply‚ setting scene for further fuel price rises
The rand was a lot weaker on Thursday morning‚ raising the prospect of yet another increase in fuel prices‚ which have been a political...
Rand flat after Nhlanhla Nene admits to Gupta meetings
The rand was little changed against major global currencies on Wednesday afternoon‚ lacking major international catalysts. The local currency had earlier been under some...
Rand slips 1% to the dollar as oil price jumps
The rand was weaker against major global currencies on Tuesday afternoon‚ taking its cue from a softer euro.
The euro is under strain as the...
Rand unfazed by weak producer inflation and a firmer dollar
The rand was firmer on Thursday afternoon‚ despite the release of weaker-than-expected producer price inflation and the dollar having gained against the euro following...
Rand firms as oil price climb runs out of steam
The rand was firmer against major global currencies on Wednesday morning‚ bolstered a little by easing concerns over the rising oil price.
Higher than expected...