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  • Pixabay.com

    Rand up as risk appetite revives

    Trading in the Asian session saw a return of risk appetite after last week’s narrow ranges, with demand growing for the rand and other emerging-market currencies.

  • South African rand.  Picture: Christa Eybers/EWN

    Rand firmer as current account surplus adds to global risk boost

    The advance, which carried the currency to a session-best 16.8750, brought gains in the past two sessions to more than 2%, although the outlook remains fragile following weak local economic growth data and a resurgence in COVID-19 infections.

  • Picture: EWN

    Rand firms as dollar slips, stocks retreat

    The dollar slipped on Wednesday, with the market having a modest appetite for risk-taking amid generally upbeat US data and improving European economic numbers.

  • South African rand. Picture: Christa Eybers/EWN

    Rand dips after GDP data, stocks up

    Statistics South Africa said that first-quarter gross domestic product contracted 2% from the previous three months, led by declines in mining and manufacturing.

  • South African rand. Picture: Christa Eybers/EWN

    Rand little changed amid rising virus cases

    The rand had regained ground after the budget speech, which forecast ballooning debt and a higher government deficit, as well as fading hopes globally of a quick economic recovery.

  • Picture: EWN

    Rand weaker after gloomy budget

    The dire numbers were largely expected by markets, and in some aspects were more optimistic than other forecasters.

  • South African rand.  Picture: Christa Eybers/EWN

    Rand inches firmer as risk demand tames budget speech jitters

    The special budget, brought forward by the treasury in response to the coronavirus outbreak and President Cyril Ramaphosa’s R500 billion ($29 billion) stimulus package, is set to show ballooning deficit and debt in Africa’s most advanced economy.

  • Picture: EWN

    Rand steady after brief Sino-US trade scare

    An overnight statements from the Trump administration that the trade deal with China was still on track lifted risk appetite roiled by simmering tensions between the two superpowers that has soured in recent months.

  • Picture: Supplied.

    Rand weaker as budget risk raises second wave COVID-19 fears

    Finance Minister Tito Mboweni is expected to paint a bleak picture in a revised budget that comes almost three months after government announced a R500 billion ($28.78 billion) stimulus package leaning heavily on new borrowing.

  • Picture: pixabay.com

    Rand recovers after sell-off, stocks open higher

    The rand firmed against the US dollar early on Friday, recovering from the previous session’s tumble as global risk sentiment was dented by fears of a second wave of coronavirus infections.

  • South African rand.  Picture: Christa Eybers/EWN

    Rand steady, stocks open lower

    The rand held steady against the US dollar early on Thursday, after President Cyril Ramaphosa announced further easing of the coronavirus lockdown to help the battered economy.

  • Pixabay.com

    Rand flat, stocks slip as risk bulls pause for Fed meeting

    At 1550 GMT, the rand was 0.02% firmer at R16.6770, barely moved from its overnight close having touched a fresh two-month best of R16.6250 before pausing as traders waited for the United States Federal Reserve’s policy meeting.

  • South African rand.  Picture: Christa Eybers/EWN

    Rand hits 11-week high, stocks gain

    Stocks rose along with global markets as investors priced in an economic recovery following the shock of the coronavirus pandemic.

  • South African rand. Picture: Christa Eybers/EWN

    Rand, stocks jump as lockdowns eased

    The currency ended May on the front foot, buoyed by the South African central bank’s support for the economy, including a fourth lending rate cut in as many months and a bond-buying programme that has eased liquidity strains.