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Picture: Supplied.

Sa rand weakens

Rand under pressure from strong dollar

By Reuters

At 0600 GMT, the rand traded at 13.8850 versus the dollar, 0.4% weaker than its close on Monday.

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    Economists insist the rand will stabilise

    This afternoon, the rand touched its weakest level ever against the dollar at 14,01.

    2446 days ago
  • FILE: On Monday afternoon the rand was at 13,27 to the US dollar and 15,22 to the euro. Picture: Reinart Toerien/EWN.

    Rand: It’s not all bad news

    George Herman says the rand’s beating is 'bitter medicine' that’s good for the economy in the long run.

    2460 days ago
  • Economist Dawie Roodt believes the situation won’t improve in the year ahead. Picture: Supplied.

    Rand weakens further in 2014

    The currency was almost one percent weaker in early trade on Thursday morning.

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  • South Africa’s rand begins the week sliding more than two percent against the dollar.

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    Thirty-two analysts see the rand weakening to R9.69 against the greenback in one month.

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  • The Rand is now R10 to a dollar which will have a negative impact on the economy.

    Rand hits 10 to US dollar

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    3277 days ago
  • Finance Minister Pravin Gordhan says government is concerned about volatility in the rand. Picture: GCIS.

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    Finance Minister Pravin Gordhan says government is concerned about the volatility of the rand.

    3356 days ago
  • A petrol station attendant fills up a car tank. Picture: Sapa.

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    Economists say the rise in world oil prices and a weak rand will push up petrol prices.

    3397 days ago
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