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  • Picture: EWN

    Rand retreats slightly from near six-week best

    The rand retreated slightly from a near six-week best in early trade on Wednesday as investor caution prevailed due to US-Europe trade disagreements and the International Monetary Fund’s downgrade of its global economic outlook.

  • Picture: EWN

    Rand set for 3% weekly gain after Moody's review delay

    The main boost for South African assets this week came from Moody’s keeping the country’s sovereign rating in investment grade, after it let a scheduled rating review date last week pass without any rating action.

  • South African rand. Picture: Christa Eybers/EWN

    Rand firms after Moody's delays rating review

    South African markets on Friday were on edge over the impending review, with some economists concerned that a power crisis will cost the country its last investment-grade rating and lead to the outflow of billions of dollars.

  • South African rand.  Picture: Christa Eybers/EWN

    Rand flat after post Fed rally

    Locally, concerns over power utility Eskom continued to weigh on sentiment, with the cash-strapped state firm saying Friday it would implement a seventh straight day of nationwide electricity cuts.

  • South African rand. Picture: Christa Eybers/EWN

    Rand falls as dollar hovers near 2-week high

    On Tuesday, the dollar rose as unexpectedly strong data on US services industries and new home sales helped sooth some fears about the state of the world’s top economy.

  • Picture: Pixabay.com

    Rand slips in early trade

    Similar falls were seen in other emerging market currencies like the Russian rouble and Turkish lira.

  • Picture: Christa Eybers/EWN

    Rand consolidates gains after dollar dip

    With little on the local data front, the rand has looked to offshore events for direction, and has seen volatile trade with swings in the dollar setting the tone.

  • Picture: Supplied

    Rand weaker in early trade

    The rand weakened more than 1% early on Friday, in line with a rise in bond yields, as investor appetite for riskier assets dimmed ahead of an expected US interest rate hike early next week.

  • Picture: EWN

    Rand weakens as trade worries sour risk appetite

    The waning hopes of a swift resolution to the US-China trade war overshadowed news of the South African economy snapping out of recession in the third quarter and surpassing economists’ expectations.