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Picture: Eyewitness News

Pound

Rand reacts positively to secret ballot announcement

By Ray White

This is in stark contrast to the index plunging after finance minister Nhlanhla Nene was sacked and then later on when Pravin Gordhan was told to go.

  • South African money. Picture: Facebook.

    Economists hope rand continues to strengthen

    Economists say the rand was among the best performing emerging market currencies last week.

    2108 days ago
  • Picture: Facebook.

    Rand strengthens against pound amid Brexit turmoil

    The rand has continued to strengthen against the pound, breaking through the R19 mark.

    2147 days ago
  • Bank of England Governor Mark Carney. Picture: Facebook

    More Brexit pain seen for pound

    The Bank of England says the economy faces a material slowdown after the shock referendum result.

    2148 days ago
  • The British union flag flies at half-mast above Portcullis House beside the landmark Elizabeth Tower more commonly known as Big Ben, in central London on 3 July, 2015. Picture: AFP.

    Hopes for rand to regain ground against pound

    The pound has come under huge pressure following concerns that Britain may exit the EU.

    2282 days ago
  • FILE: A weak rand is good news for exporters, but for those bringing goods into the country, the battle to survive is mounting. Picture: Christa Eybers/EWN.

    The rand plunges to a new record low

    A short while ago, the rand hit 22 to the pound, 15.95 to the euro and 14.66 to the dollar.

    2359 days ago
  • FILE: A number of international factors are continuing to affect emerging market currencies, with fears that the local currency could breach the R15 to the dollar level soon. Picture: EWN.

    Rand continues to slide against major currencies

    US jobs data and statements from the Federal Reserve have had a profound effect on the rand.

    2387 days ago
  • FILE: The local currency is still trading at record lows of around R20,21 to the pound and R12,92 to the dollar. Picture: Christa Eybers/EWN.

    Annual inflation sees a slight increase

    Stats SA says this is an increase of point-three percent compared with the annual rate for June.

    2469 days ago
  • FILE: FNB economist Alex Smith said the devaluation of the Chinese currency has hit all emerging market currencies. Reinart Toerien/EWN.

    Rand creeps back above R20 to the pound mark

    Economists say the impact of the devaluation of the yuan is still driving the currency down.

    2476 days ago
  • A number of overseas factors have impacted on the local currency including dollar strength. Picture: Christa Eybers/EWN.

    Rand crosses R20 to the pound level

    A number of global factors appear to be affecting the local currency.

    2484 days ago
  • FILE: The ONS said the unemployment rate rose to 5.6 percent from 5.5 percent in the three months to April. Picture: AFP.

    UK unemployment rises for first time in two years

    The ONS said the unemployment rate rose to 5,6 percent from 5,5 percent in the three months to April.

    2505 days ago
  • FILE: Those exporting products are welcoming the weaker rand. Picture: Christa Eybers/EWN.

    Rand under pressure

    The local unit edged past R19 to the pound and was moving towards R14 to the euro.

    2545 days ago
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