Higher crude oil prices, US refinery shutdowns, global diesel shortages and a weaker rand among the factors blamed
The US acting deputy secretary of state said the US dollar was a driver of ‘global good’
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The dollar’s dominance provides a platform for Uncle Sam to protect his political power and enforce its geopolitical objectives
Brics nations are intent on forming a currency that facilitates equitable treatment in global trade and addresses the US dollar as a tool for American supremacy
The West’s actions against Russia since the war in Ukraine could signal an emerging new order that shuns the US for weaponising the dollar
The dollar has been on the ascent in recent months, but it stumbled after Trump’s latest criticism of the central bank
South Africa is less likely to suffer but investors will look for the elusive factor — growth
Further tapering of monetary stimulus, announced by the US Federal Reserve, has seen the dollar climb while other currencies feel the pressure.
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The dollar has gained after US Federal Reserve chairperson Ben Bernanke announced plans to taper monthly bond purchases.
Developers have little knowledge about how to turn their ideas into dollars, but this is changing.
Analysts have warned against too much optimism, saying investors turn to the metal when they are worried about the dollar.
As the rand weakened for the first time in three days against the dollar, economists expect a report will show manufacturing growth slowed in August.
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The US exit from quantitative easing will not be a sober affair, especially for developing economies.
Investment Banker and author James Rickards says emerging markets should consider implementing capital controls.
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/ 22 October 2008
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.
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/ 22 October 2008
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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/ 21 October 2008
The rand weakened against the dollar on Tuesday, tracking losses in the euro, but should find some support during the session, traders said.
Oil fell to its lowest price in three months on Friday, briefly touching the level after the dollar muscled higher.
It is "not bad" if the rand stays around current levels rather than heading to R8 to the dollar, says a senior derivatives dealer.
The rand weakened further on Friday morning as the dollar posted further gains against the euro.
As the dollar sinks against the euro, more and more European travellers are arriving on Florida shores.
Oil prices rose further on Friday amid tensions over crude producer Iran and at the end of an extremely volatile week of trading.
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.