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The South African rand. Picture: Craig Wynn/EWN.

Weakening rand

Economist explains why SA’s rand is weak

By CapeTalk

Chief Economist at Econometrix Dr Azar Jammine explains the combination of factors that have led to a weak currency.

  • Asian stocks looked vulnerable to another sell-off on Tuesday. Picture: stock.xchng.

    Asian shares resume slide on fears over Chinese economy

    Asian stocks looked vulnerable to another sell-off on Tuesday

    2068 days ago
  • The South African rand was flat against the dollar for most of Wednesday. Picture: Craig Wynn/EWN.

    Rand flat, market lacks drivers

    At 1555 GMT the local unit traded at 10,6925 against the greenback.

    2479 days ago
  • The South African rand. Picture: Craig Wynn/EWN.

    Rand slumps to two month low

    The currecy fell more than 1% to its weakest in two months against the dollar on Monday.

    2516 days ago
  • The rand fell to 10.3735 to the dollar at 1557 GMT, off a 10.3445 close in New York on Friday.

    Rand, govt bonds retreat

    The rand fell to 10,3735 to the dollar at 1557 GMT, off a 10,3445 close in New York on Friday.

    2537 days ago
  • Old Mutual Chief Executive Julian Roberts.

    Old Mutual profit growth flattens

    The group performed well this year notwithstanding the volatility of the rand.

    2611 days ago
  • Economists say this is due to the weakening rand and an increase in the price of oil. Picture: Sapa.

    Another petrol price hike on the cards

    Economists say this is due to the weakening rand and an increase in the price of oil.

    2612 days ago
  • Kgalema Motlanthe says government continues to bring economic growth and innovation to South Africans. Picture: SAPA.

    Economic growth brings dignity - Motlanthe

    Kgalema Motlanthe says government continues to foster economic growth & innovation.

    2640 days ago
  • FILE: SA Reserve Bank Governor Gill Marcus is seen at a Business Unity SA and World Bankgender economic empowerment workshop in Johannesburg, 15 March 2011. Picture: Sapa.

    Sarb announces interest rate hike

    The move takes the repo rate to 5,5 percent and the prime lending rate to nine percent.

    2640 days ago
  • Experts say strikes in the mining sector have also contributed to the downfall.

    Weak rand may increase inflation

    Experts say strikes in the mining sector have contributed to the currency's weakness.

    2642 days ago
  • As economists warn of a tough year ahead, the rand’s weakness is blamed on risk-averse sentiment. Picture: Supplied.

    Concerns grow as rand hits 5-year low

    The currency stabilised in afternoon trading but remained well over the 11 mark.

    2642 days ago
  • Economists say a weaker rand will result in higher fuel and food prices.

    Tough times predicted for SA economy

    Economists say a weaker rand will result in higher fuel and food prices.

    2650 days ago
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