Latest articles on Currencies

Rand’s fall fails to flummox Lesetja

The currency's 10% drop against the dollar this year is unlikely to cause inflation to spike.

Price-fixing exposé engulfs BoE

Traders admit to using chatrooms to trade ahead of the volatile period before benchmarks were set.

Nigeria’s naira drops as investor flows reduce

The central bank of Nigeria has felt the effects of its decison to relax the weekly limit on trading in dollars.

The tiger is getting a new rider

Ben Bernanke's successor had better make sure she gets every syllable right as she communicates her intended actions to out­siders.

Stocks up as weak rand lifts mining shares

Stocks rose as a weak rand boosted mining firms and international companies that generate most of their revenue in major foreign currencies.

SA backs Brics common currency plan

SA is backing plans for a single currency unit within the exclusive Brics grouping that the emerging giants could use to trade among themselves.

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.

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.

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