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  • FILE: The commission said it had done this and, in the process, added five new banks to the case, taking the total to 28. These include the Nedbank Group and Rand Merchant Bank. Picture: EWN.

    Banks charged for manipulating exchange rate to file responses

    The Competition Commission said on Tuesday that it had expanded its case to target other additional lenders, including some of the country’s biggest banks.

    754 days ago
  • FILE: In the absence of local catalysts, traders’ focus was on global events. Picture: EWN.

    Rand falls as risk appetite wanes on US protests, Sino-US tensions

    At 0645 GMT, the rand traded at 17.4130 per dollar, 0.22% lower than its previous close.

    755 days ago
  • Picture: EWN.

    Rand firms as coronavirus lockdown eases

    At 0635 GMT, the rand traded at 17.3650 to the dollar, 0.94% firmer than its previous close.

    756 days ago
  • Picture: EWN.

    Rand falls, focus on Trump's Hong Kong response

    Locally, market participants awaited April trade balance figures as well as monthly budget balance numbers due later in the day.

    759 days ago
  • Picture: EWN.

    Rand climbs to nine-week high vs dollar

    The rand traded at 17.3100 per dollar at 0615 GMT, up nearly 0.4% from its previous close and its strongest since 27 March.

    760 days ago
  • FILE: In fixed income, the yield on South Africa’s 10-year government bond was up 0.5 basis point to 9.05%. Picture: Supplied.

    Rand falls as Sino-US friction dents risk appetite

    At 0645 GMT, the rand traded at 17.4900 per US dollar, 0.45% weaker than its previous close.

    761 days ago
  • FILE: The currency was at its strongest since 27 March. Picture: EWN.

    Rand climbs to 8 week high vs dollar

    At 0605 GMT, the rand traded at 17.4700 per dollar, 0.91% firmer than its previous close.

    762 days ago
  • Picture: Pixabay.com

    Rand steadies, stocks open lower

    At 0710 GMT, the rand traded at 17.6050 per dollar, compared with its close of 17.5970 on Friday.

    763 days ago
  • Picture: Pixabay.com

    Rand firmer as COVID-19 vaccine hopes boost risk demand

    At 0630 GMT the rand was 0.17% firmer at 18.3450 per dollar, holding at a four-session best reached on Monday.

    769 days ago
  • FILE: Picture: pixabay.com

    Rand rises as easing lockdowns lift emerging-market currencies

    At 0630 GMT the rand was up 0.5% at 18.4980 per dollar, compared with a close of 18.5900 on Friday in New York.

    770 days ago
  • FILE: Bonds reflected the sour risk mood, with the yield on the government issue due in 2030 up 15 basis points to 9.585%. Picture: EWN.

    Rand weaker as global economic worries weigh

    At 0645 GMT the rand was 0.32% weaker at 18.5600 per dollar from an opening level of 18.4980, extending losses from the previous session triggered by a grim economic outlook given by the US central bank.

    774 days ago
  • Picture: Supplied.

    Rand firms on optimism over relaxing coronavirus restrictions

    At 0645 GMT the rand was 0.22% firmer at 18.4070 per dollar, having opened at 18.4300.

    775 days ago
  • FILE: Bonds were also weaker, with the yield on the government paper due in 2030 rising 6 basis points to 9.505%. Picture: EWN.

    Rand dips on second wave coronavirus fears

    At 0730 GMT the rand was 0.15% weaker at 18.4500 per dollar compared to a close at 18.4220 overnight in New York.

    776 days ago
  • Picture: Supplied.

    Rand dips as risk sentiment dampened by China troubles

    Dour data from China, where most official coronavirus lockdowns ended more than two months ago, showed service sector activity still mired in contraction in April, while consumption figures revealed a sharp decline in imports.

    781 days ago
  • Picture: EWN.

    Rand firmer as risk appetite nudges up

    At 0715 GMT the rand was 0.7% firmer at 18.3950 per dollar, clawing its way back near Tuesday’s best of 18.3000.

    782 days ago
  • Picture: pixabay.com

    Rand recovers in global emerging market bounce

    At 0715 GMT the rand was 1.07% firmer at 18.3720 per dollar versus an overnight close of 18.5710.

    783 days ago
  • FILE: At 0645 GMT the rand was 0.15% weaker at 18.8400 per dollar, adding to the previous session’s losses to trade at its softest in a week. Picture: EWN.

    Rand on the back foot as recession clouds gather

    Low volumes following Friday’s bank holiday added to the weakness, with a dearth of offshore demand available to cushion thin liquidity, widening spreads, and risk-off sentiment sparked by renewed tensions between the United States and China.

    784 days ago
  • Picture: pixabay.com

    Rand firms as focus turns to fiscal measures, stocks dip

    At 1510 GMT, the rand traded at 18.7460 versus the US dollar, 0.23% firmer than its previous close.

    798 days ago
  • Picture: pixabay.com

    Rand tumbles as IMF stokes recession fears

    The currency was 2% weaker at 18.6770 per dollar by 1500 GMT, straying back into bear market territory as investors were spooked by a dire global growth outlook from the International Monetary Fund (IMF).

    803 days ago
  • FILE: A cashier counts dollar bills at a restaurant. Picture: AFP

    Virus shutdowns erode US inflation in March

    The US Congress responded by passing a massive $2.2 trillion aid package that gives cash directly to Americans, while the Federal Reserve has announced trillions of dollars in new lending programs to boost liquidity.

    808 days ago
  • Picture: jse.co.za

    South African stocks lose close to 2% as emerging markets rally dissipates

    The Johannesburg Stock Exchange’s All-Share index closed 1.7% lower at 46,690 points, while the blue-chip top-40 index slipped 1.88% to 42,772 points.

    810 days ago
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