Rand weakens sharply, stocks slide

The rand fell to a new, six-and-a-half-year low against the dollar on Wednesday, and local stocks also plunged on falling commodity prices.
comments (0)

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 dollar.
comments (0)

Rand weak against dollar, tracks softer euro

The rand weakened against the dollar on Tuesday, tracking losses in the euro, but should find some support during the session, traders said.
comments (0)

Oil price lowest in three months

Oil fell to its lowest price in three months on Friday, briefly touching the $111 level after the dollar muscled higher.
comments (0)

A good compromise for the rand

It is "not bad" if the rand stays around current levels rather than heading to R8 to the dollar, says a senior derivatives dealer.
comments (0)

'Dollar is back in a big way'

The rand weakened further on Friday morning as the dollar posted further gains against the euro.
comments (0)

European tourists flock to Florida as dollar slides

As the dollar sinks against the euro, more and more European travellers are arriving on Florida shores.
comments (0)

Oil prices rally amid tension over Iran

Oil prices rose further on Friday amid tensions over crude producer Iran and at the end of an extremely volatile week of trading.
comments (0)

Zimbabwe's currency crashes, prices rocket

Zimbabwe's currency plunged to a new record low on Thursday, trading at an average one billion to the US dollar on a recently introduced interbank market.
comments (0)

Sponsored Press Releases

Business takes slack approach on mobile devices
ITWeb
Ipsos announces Quality Award winners 2012
Ipsos
mapIT supports AVIS Unogwaja Challenge
MapIT
Unshaped ADSL with static IP address
OpenWeb
Agile methodology - how to get more done, with less, for less and still keep everyone happy
DST Global Solutions

Connect

  • twitter
  • facebook
  • RSS
  • alerts
  • mobile
 

Join Up

Get the M&G in your inbox

 

Sponsored Press Releases

Business takes slack approach on mobile devices
ITWeb
Ipsos announces Quality Award winners 2012
Ipsos
mapIT supports AVIS Unogwaja Challenge
MapIT
Unshaped ADSL with static IP address
OpenWeb
Agile methodology - how to get more done, with less, for less and still keep everyone happy
DST Global Solutions