Tag: exchange rate
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Rand firmer as downgrade fears ease
The rand was firmer against major global currencies shortly before midday on Friday‚ as the local currency continued to find support from easing fears...
Rand taking strain
The rand took strain on Tuesday morning‚ demonstrating its vulnerability to shifts in global sentiment.
The local currency fell victim to renewed perceptions that interest...
Rand weaker against the dollar
The rand was weaker against the dollar on Monday afternoon‚ as the greenback regained lost ground against the euro.
The dollar has struggled to gain...
Rand slightly firmer
The rand was slightly firmer just before midday‚ after the release of better-than-expected consumer inflation data for November.
Statistics SA reported that the consumer price...
Rand steady against the dollar
The rand was steady against the dollar on Friday just before midday‚ showing signs of consolidation after a week-long rally.
The local currency gained 3.15%...