Subrahmanyam Jaishankar cites policy differences, well as cost and efficiency, as stumbling blocks.
Emerging markets will always be susceptible to currency risk, analysts say
As motorists reel amid higher petrol prices, only two of the country’s oil refineries are operational
Market participants must stay abreast of geopolitical developments such as conflicts when making trading decisions
Payments into crypto exchanges are not protected as deposits are when paid into a regular bank
The country’s shiny new banknotes are only a cosmetic solution to Sierra Leone’s dire economic crisis, say critics
On 5 February Nigeria’s central bank banned crypto transactions, but industry analysts are confident the sector will find a workaround.
In South Africa we must learn to value different types of social capital to make the economy — and society — more inclusive
The crisis-hit country is facing another bout of sharply rising prices, with official inflation now at nearly 100 per cent
‘In practice, bond notes have rarely traded at 1:1 with the US dollar. On the black market, the rate can be as high as 4:1’
Born on January 1 1999, the euro initially existed only as a virtual currency used in accounting and financial transactions
For the price of a take-away meal, South Africans can become crpytocurrency investors
The currency’s moves have been driven by global factors, but more ratings shifts can reverse gains.
Institutions issue warnings against government spending ahead of 2019 elections to win voters’ hearts.
A South African Reserve Bank plane, in which a body was discovered, is under heavy military guard in Harare with millions of Rands on board.
Foreign investors pulled R12.8-billion in one week, the biggest outflow since 2008, casting a harsh light on policy direction and the trade deficit.
South Africa is in the crosshairs of a weakening yuan and a strong dollar as China devalues its currency.
Africa is battling the global currency markets with one hand tied behind its back.
The mining companies are enjoying some respite from the effects of the latest strike.
Deficit has made South Africa vulnerable to investment flows, and that is where mining unrest comes into play.
The value of the Syrian currency has plummeted over the last year, but those with an interest in keeping it afloat are cushioning the fall.
Australia has hailed IMF moves to count its dollar as a foreign reserve currency, though its central bank chief downplayed it as a technicality.
Success is threatening to become a problem for Brazil.
The rand tumbled over 2% against the dollar after the Reserve Bank announced there would be an important weekend statement.
No image available
/ 10 February 2012
<strong>Maya Fisher-French</strong> offers Finance Minister Pravin Gordhan a savings tip
No image available
/ 10 January 2011
The rand’s next move is anyone’s guess, but if it weakens, it will be dramatic.
No image available
/ 2 December 2010
Do we really want to target a weaker rand? And can we predict its short-term movements?
Unscheduled talks seen as a bid to address US concerns.
<b>Lynley Donnelly</b> reports on why little can be done to tame the currency.
The dollar is close to fair value to the rand, but the pound is significantly undervalued and therefore has the potential to strengthen significantly.
No image available
/ 12 October 2009
Zimbabwe’s Finance Minister Tendai Biti vowed on Monday that he would quit if he is asked to return the local dollar.
Zimbabwe’s central bank governor on Thursday proposed bringing back the worthless local currency and ensuring its value by backing it with gold.