Tag: exchange rate
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Rand weakens significantly
The rand was a lot weaker on Friday morning‚ reacting to wild swings in the dollar‚ which has been battling to find a suitable...
Rand stable after losing ground following Cabinet reshuffle
The rand was relatively calm on Wednesday morning‚ a day after President Jacob Zuma shook up his executive‚ in a surprise move that unsettled...
Rand on firmer footing
The rand was on firmer footing on Friday morning‚ looking to cap the week on a high note.
The local currency has been steadily recovering...
Rand’s rally good for JSE, bad for miners
The rand has strengthened 2.3% so far this week‚ from R13.82/$ on Monday to R13.51/$ on Thursday morning.
The dollar sank against most currencies on...
Rand looking slightly better
The rand fared slightly better on Tuesday morning‚ but remained at the mercy of the dollar‚ which has recently stood tall against other currencies.
The...