Tag: rand

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Rand weakens as pressure mounts on Nhlanhla Nene

  The rand headed towards R15 to the dollar for the first time in three weeks on Monday‚ as pressure mounted on finance minister Nhlanhla...

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 steady as dollar slips on upbeat EU employment numbers

The rand was largely unchanged on Monday afternoon‚ trading within a tight range as the euro clawed back some lost ground against the dollar. Investors...

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