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Rand firmer as Trump tweet jitters ease
Some traders were buying the currency at current levels to hedge against a likely return of dollar strength.
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Rand sinks after Trump land reform tweet
South Africa’s foreign ministry called the remarks 'crude and offensive' and said a subsequent denial from Trump was not categorical. State broadcaster SABC said President Cyril Ramaphosa would seek clarification from the US embassy.
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Rand rebounds on US-China trade talk news
The prospect of the world’s two biggest economic powers preventing a looming trade war boosted investor sentiment after a worrying week for emerging markets in the wake of a currency slump in Turkey.
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Rand slips on Turkey concerns, dollar strength
The rand, one of the most-traded emerging market currencies, is highly susceptible to swings in sentiment on global markets.
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[LISTEN] Why the rand is going down, down, down…
Bruce Whitfield interviews Dr Adrian Saville from Gordon Institute of Business Science and Rand Merchant Bank Strategist John Cairns. about the weakening state of the rand.
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Rand falls after China manufacturing growth slows
The rand weakened on Tuesday, along with most emerging- market currencies, as slowing growth in Chinese manufacturing re-ignited fears about the impact of a trade dispute between China and the United States.
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Rand slightly weaker, stocks set to open lower
The rand weakened slightly against the dollar in early trade on Monday as market participants awaited a raft of local and global economic events in the week.
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Rand stronger against dollar, focus on BRICS summit
Analysts expect the rand to trade in the range of R13.1000 to R13.4000 to the dollar.
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Rand steady as positive sentiment holds, dollar slips
The dollar slipped on Thursday as immediate concerns about global trade tensions ebbed after the United States and the European Union agreed to begin talks to lower tariffs.
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Rand strengthens to 1-week high ahead of Brics summit
The rand extended gains early on Wednesday to its highest levels in a week after Tuesday’s announcement of fresh Chinese investment into the country.
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Rand gains as dollar eases
The dollar slipped against most major currencies on positive trade talks between China and the European Union.
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Rand steadies after slipping to 7-month low
The randy slipped to R13.9375 on Wednesday, its weakest since November 27.
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Rand slightly weaker as investors eye news flow
Traders said the currency’s next move would likely be higher towards R13.60 as sentiment remains bearish due to the simmering trade row between China and the United States.
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Rand edges weaker in early trade
The rand is expected to struggle to hold on to momentum in either direction as the trade war simmers, with an escalation expected to feed bearish sentiment across emerging market currencies.
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Rand steadies against dollar, bonds firmer
The currency had slumped to a 7-month low last week, hurt by global risk-off sentiment and poor domestic economic data.
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Rand retreats before current account data released
While the rand stopped short of the R14.00 mark in a prolonged slide in June, the currency is expected to remain under pressure from external pressures and an uneven economic recovery locally.
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Rand recovers as Fed delivers few surprises
The rand ended a four-day losing streak on Wednesday, bouncing off a six-month low.
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Rand near six-month low as dollar rises
At 0618 GMT, the rand traded at R13.2300 per dollar, 0.6% weaker than its close on Monday. The unit hit a six-month low of R13.2875 on Friday.
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Rand recovers, focus on global events
The rand fell to a year low of R13.2875/dollar on Friday in an emerging markets sell-off as global investors dumped riskier assets.
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Rand steadies ahead of manufacturing output data
At 0632 GMT, the rand traded at R12.7250 per dollar, not far off its close of R12.7150 on Wednesday.
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#RandReport: Rand recovers, Naspers leads bourse higher
A firmer euro, the currency of South Africa’s largest trade partner, also boosted the rand.
