City of CT accused of dragging feet in CTICC probe
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#RandReport: Rand weaker on EM sell-off, stocks flat
Turkey triggered a sell-off in emerging market currencies as risk aversion gripped emerging markets.
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Investors await policy package plan to save Argentine peso
The rand and the other currencies have lost significant ground lately due to a number of factors.
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Analyst: Local, global factors driving rand’s decline
The rand is currently trading at R14.69 to the dollar, R19.13 to the pound and R17.16 to the euro.
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#RandReport: Rand steadies after volatile trade; stocks rise
At 1518 GMT the rand was largely unchanged at 14.1650 per dollar, after rallying briefly to 13.9525 earlier.
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#RandReport: Rand firmer on dollar retreat; stocks up
At 1540 GMT, the rand traded 1.2% firmer at 14.1200 per dollar.
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#RandReport: Rand recovers as dollar weakens; stocks up
At 1501 GMT the rand was 1% firmer at 14.2450 per dollar, after earlier hitting a session best of 14.1800.
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#RandReport: Rand falls as dollar bulls return; stocks higher
At 1445 GMT the rand was 1.01% weaker at 13.2400 per dollar, compared to the previous session’s more than one month best of 13.1000.
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Rand firms after Ramaphosa announces $14.7bn China investment
At 1100 GMT the rand had firmed 1.06% to 13.3300 per dollar, its firmest since Thursday.
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#RandReport: Rand falls after state-run power entity reports losses
At 1522 GMT the rand was at 13.5350 to the dollar, down 1.05%.
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Rand on the front foot as dollar slips
At 0630 GMT the rand was 0.22% firmer at 13.4350 per dollar from a close of 13.4600 on Friday in New York.
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#RandReport: Rand firms on weaker dollar
The rand has also been hurt by weak local economic data, which has cast doubt on President Ramaphosa’s ability to kick-start growth after a decade of stagnation.
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Rand under pressure from strong dollar
At 0600 GMT, the rand traded at 13.8850 versus the dollar, 0.4% weaker than its close on Monday.
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Rand starts week on back foot
At 0625 GMT, the rand traded at 13.7850 versus the dollar, 0.4% weaker than its close on Friday.
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#RandReport: Rand steadies after slip to new low, stocks led higher by banks
At 1430 GMT, the rand traded at 13.8500 per dollar, 0.07% firmer. The currency slipped to a session low of 14.00 in early trade before quickly recovering.
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#RandReport: Rand firmer as technical point to recovery
At 15.00 GMT the rand was 0.8% firmer at 13.4800 per dollar, marking a third consecutive day of gains amid a heavy emerging market selloff.
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#RandReport: Rand recovers slightly on technical factors
It had gained over 0.5% at one point in late afternoon trade and was little changed on the day at 15.30 GMT, fetching 13.6575/dlr.
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Rand to weather emerging markets storm, tighten up vs dollar
The rand is expected to recover to 12.50 per dollar in 12 months from 12.76 currently, more than 2% firmer.
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#RandReport: Rand falls to 2-week low as economy slumps, stocks flat
At 1505 GMT, the rand traded at 12.7900 per dollar, 1.8% weaker than its close on Monday.
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#RandReport: Rand, stocks firmer as global risk aversion cools
At 1500 GMT the rand was 0.8% firmer at 12.5800 per dollar compared to a close of 12.6925 on Friday in New York.
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#RandReport: Rand dips ahead of S&P rating review
Africa’s most industrialised economy has barely grown in the past decade, with fiscal missteps and government corruption contributing to weak business and consumer confidence.
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#RandReport: Rand recovers on retreating dollar
The South African currency was around 2.5% stronger than a five-month low struck on Monday, helped by the dollar easing back from a five-month high.
