Tag: exchange rate
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Rand drops by 2%
The rand was significantly weaker against major global currencies on Thursday afternoon‚ in line with most emerging markets‚ as a dollar rally weighed on...
Rand stutters as dollar looks set to gain on the euro
The rand was slightly weaker against the dollar on Tuesday afternoon as the greenback edged up against the euro ahead of US Federal Reserve...
Rand off to a positive start
The rand was off to a positive start on Monday‚ stretching its recent run against the dollar‚ which helps to ward off the threat...
Rand loses ground
The rand lost more ground in mid-morning trade on Wednesday‚ suggesting an element of foreign selling of local assets.
The effect was more pronounced in...
Rand remains on back foot amid more signs of depressed confidence
The rand was weaker against major global currencies on Wednesday afternoon‚ but its losses against the dollar were relatively contained‚ as the market continued...