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  • Picture: EWN

    Rand stretches gains on easing downgrade worries

    The rand has advanced more than 3% since last week’s better-than-expected second-quarter economic growth data, and as comments by ratings firm Moody’s on Tuesday that downgrade from Baa3 to sub-investment was unlikely in the near-term further boosted sentiment.

  • Picture: Christa Eybers/EWN

    Rand firms ahead of manufacturing data

    The rand firmed against the dollar in early trade on Tuesday ahead of manufacturing data that will give investors fresh clues about the health of the most industrialised African economy.

  • Picture: AFP

    Rand starts week on the front foot

    The rand strengthened against the dollar on Monday, with momentum reignited by upbeat remarks from the US Federal Reserve chairman and a Chinese economic stimulus package.

  • Picture: EWN

    Rand firmer on easing trade fears

    The rand firmed against the dollar in early trade on Friday on improved risk appetite as trade tensions eased, while stocks were flat.

  • Picture: EWN

    Rand extends rally to 3-week high after GDP boost

    The rand rose to a three-week high early on Wednesday following a better-than-expected jump in second quarter economic growth, brushing off concerns over anti-immigrant protests locally and the ongoing US-China trade dispute.