Tag: rand
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Rand slides again as the dollar rebounds
The rand was on a slippery slope again in mid-morning trade on Wednesday‚ after briefly strengthening through R14 to the dollar for the first...
Rand’s recovery hits a snag as dollar rebounds
The rand’s recovery hit a snag on Thursday morning as the dollar rebounded and SA fell victim to a US president Donald Trump Twitter...
Weak rand could soon lead to rate hike soon
Sustained rand weakness is raising the prospect of a Reserve Bank interest rate increase‚ as risk-off trade on global markets turns against SA specifically‚...
SA edges towards recession as Rand drops by 3%
The rand fell as much as 3% against the US dollar on Wednesday‚ buffeted by a spate of bad domestic news‚ as global investors...
Rand plunges by 8%
The rand plunged more than 8% alongside the Turkish lira on Monday morning‚ reaching R15.41 to the dollar around 2.30am.
The R15/$ level was last...