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Latest articles on Currencies

Rand’s fall fails to flummox Lesetja

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The currency's 10% drop against the dollar this year is unlikely to cause inflation to spike.
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Price-fixing exposé engulfs BoE

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Traders admit to using chatrooms to trade ahead of the volatile period before benchmarks were set.
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Nigeria’s naira drops as investor flows reduce

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The central bank of Nigeria has felt the effects of its decison to relax the weekly limit on trading in dollars.
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The tiger is getting a new rider

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Ben Bernanke's successor had better make sure she gets every syllable right as she communicates her intended actions to out­siders.
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Stocks up as weak rand lifts mining shares

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Stocks rose as a weak rand boosted mining firms and international companies that generate most of their revenue in major foreign currencies.
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SA backs Brics common currency plan

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SA is backing plans for a single currency unit within the exclusive Brics grouping that the emerging giants could use to trade among themselves.
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Rand falls to six-year low against dollar

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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.
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Rand collapses against world currencies

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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.
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