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  • Picture: EWN

    Rand rallies with riskier assets on signs of slower coronavirus infection rates

    Stocks were also significantly higher, as yield and value hungry investors kept on the sidelines during recent volatility took advantage of historically low prices to re-enter the market.

    811 days ago
  • Picture: EWN.

    Rand firmer as risk takers return, stocks up 3.29%

    At 1500 GMT the rand was 1.84% firmer at 18.7000 per dollar, having kicked-off the session at 19.0900 and looking poised for further falls after Fitch slashed the country’s debt deeper into sub-investment-grade late on Friday.

    812 days ago
  • Picture: pixabay.com

    Rand continues to nosedive, reaches record lows against the dollar

    The rand is among a number of emerging market currencies that have continued to plummet as fears grow about the effects of the coronavirus.

    815 days ago
  • Picture: EWN

    Rand firms after trade data, stocks rise

    At 1550 GMT the rand was 0.78% firmer at 17.7700 to the dollar.

    818 days ago
  • FILE: Bonds continued to tumble, with the government issue due in 2030 adding 31.5 basis points to 11.985%.  Picture: EWN.

    Rand on the ropes as virus fears mount

    At 0700 GMT the rand traded 1.2% weaker at 17.7380 per dollar against a close of 17.5310 on Friday, edging closer to an all-time worst level of 17.9950 reached in late 2015.

    826 days ago
  • Picture: Supplied.

    Rand weakens on virus concerns; focus shifts to rate decision

    At 0650 GMT, the rand traded at 16.4700 per dollar, 1.94% weaker than its close on Friday.

    833 days ago
  • Picture: EWN.

    Rand steady as coronavirus-induced sell-off pauses

    The mood in financial markets improved somewhat on Friday, with Asian equities staging a recovery and US stocks futures pointing to a firmer start on Wall Street as attention turned to a US stimulus package.

    836 days ago
  • Picture: EWN.

    Rand hammered by growing impact of coronavirus

    US President Donald Trump’s surprise decision to ban travel from Europe to reduce the impact of the virus added more pressure to trading, as disruptions to trade and the world economy emerged.

    837 days ago
  • Picture: pixabay.com

    Rand retreats as coronavirus worries weigh

    News that state power firm Eskom would cut up to 4,000 megawatts of electricity from the national grid has also rekindled bearish bets on the local unit.

    838 days ago
  • Picture: EWN

    Rand crumbles to 4-year low as panic selling in Asia deepens rout

    At 0630 GMT, the rand was 3.82% weaker at 16.3000 per dollar, having plunged to 16.9850, its lowest since February 2016, earlier in the session.

    840 days ago
  • Picture: Supplied.

    Rand firmer as Fed cut bets slow virus-linked selloff

    At 0645 GMT the rand was 0.2% firmer at 15.6000 per dollar, eking out gains in light liquidity Asian trading session, remaining at its worst level in four years as the rapid spread of the coronavirus compounded fears of credit rating downgrades.

    847 days ago
  • Picture: EWN.

    Rand weaker ahead of budget speech

    The rand was down 0.3% at 15.2100 per dollar by 1630 GMT, extending losses from Monday and mirroring falls in other emerging market currencies as the virus outbreak gathered pace beyond China.

    853 days ago
  • Picture: EWN.

    Rand, stocks tumble as coronavirus adds to budget worries

    At 1530 GMT the was 1.02% weaker at 15.1650 per dollar.

    854 days ago
  • Picture: Supplied.

    Emerging stocks wobble as coronavirus risks grow, FX hit by strong dollar

    South Africa’s currency has also taken a hit from growing pessimism around the country’s economy, while local investors remained on edge ahead of a looming ratings decision by Moody’s.

    858 days ago
  • Picture: EWN.

    Rand ticks lower as Moody's stokes downgrade fears

    By 1500 GMT, the rand was 0.41% weaker at 15.0420 per dollar, its weakest level since 10 February.

    860 days ago
  • Picture: Supplied.

    Rand falls as Moody's cuts growth forecast, stocks firm

    Moody’s is the last of the major international agencies to keep an investment-grade rating on the sovereign and is scheduled to review that assessment in March.

    861 days ago
  • At 1515 GMT the rand was 0.49% stronger at 14.8800 per dollar. Picture: Supplied

    Rand firmer after Ramaphosa's speech, stocks flat

    Cyril Ramaphosa acknowledged in an annual address to parliament on Thursday evening that growth had stalled, exacerbating high levels of unemployment and increasing hardship for millions of citizens.

    864 days ago
  • Picture: pixabay.com

    Rand falls after dismal data, stocks rise

    At 1530 GMT, the rand was 0.3% weaker at 14.8700 per dollar, retreating after sailing to a session best of 14.7320.

    866 days ago
  • Picture: EWN.

    Rand falls to 3-month low, stocks down

    At 1500 GMT, the rand was 1.4% lower at 15.1100 per dollar, its weakest since 1 November.

    871 days ago
  • Picture: EWN.

    Rand falls, stocks up as Gold Fields shines

    A survey showed on Thursday that South African business confidence fell in January, resuming the downward trend seen for much of 2019.

    872 days ago
  • Picture: EWN.

    Rand firms as risk appetite picks up

    At 1505 GMT, the rand traded at 14.7330 per dollar, 0.93% firmer than its previous close.

    874 days ago
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