currencies

 
Rand's fall fails to flummox Lesetja
Rand's fall fails to flummox Lesetja
The rand's slide to its lowest point since 2001 isn't proving to be as big a headache for South African policymakers as it was the last time the...
Price-fixing exposé engulfs BoE
Price-fixing exposé engulfs BoE
The Bank of England (BoE)has been dragged into the mounting controversy over allegations of price fixing in the £3-trillion-a-day foreign...
Nigeria's naira drops as investor flows reduce
Nigeria's naira drops as investor flows reduce
The naira weakened for a second day to its lowest since 2011 as investor inflows were said to have slowed and foreign exchange demand remained...
The tiger is getting a new rider
The tiger is getting a new rider
So TheBenBernanke, as cartoon strips call him, is heading for quieter pastures and one Janet Yellen, his deputy, is likely to take the reins at the...
Stocks up as weak rand lifts mining shares
Stocks up as weak rand lifts mining shares
Kagiso Media was the biggest gainer on the All-share index, jumping 10.53% to R22.99, after the company said it received an "indicative...
SA backs Brics common currency plan
SA backs Brics common currency plan
South Africa is backing plans for a single currency unit within the exclusive Brics grouping that the emerging giants could use to trade among...
No parting gift from Tito
No parting gift from Tito
South Africa should stop obsessing about interest rates and the effect they have on the currency, according to Kevin Lings, an economist at...
Rand weakens sharply, stocks slide
Rand weakens sharply, stocks slide
The rand fell to a new, six-and-a-half-year low against the dollar on Wednesday as investors dumped high-risk assets on global recession worries...
Recession fears hit financial markets
Recession fears hit financial markets
Growing warnings of an "inevitable" global recession and the expectation of more interest-rate cuts triggered turmoil on the currency markets and...
Rand falls to six-year low against dollar
Rand falls to six-year low against dollar
The rand fell to a six-year low against the dollar on Wednesday, losing about 60% of its value this year as it dipped as low as 11,07 to the...
Rand collapses against world currencies
Rand collapses against world currencies
The rand slumped overnight, moving above the R10-a-dollar level, and was early on Thursday morning trading at its worst levels since August 2002....
Southern African free trade zone launched
Southern African free trade zone launched
Southern African countries launched a regional trade zone at a summit on Sunday that aims to eliminate import tariffs, with plans for a common...

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