exchange rates

 
Mboweni will have his work cut out
Mboweni will have his work cut out
There is little doubt the rand loves the idea of Tito Mboweni as finance minister. It flirted with R15 to the dollar before President Cyril...
Rand steady on Zuma exit standoff
Rand steady on Zuma exit standoff
The rand held steady in early trade on Tuesday following news that the ANC had given President Jacob Zuma an ultimatum to step down.
Markets calm over Ramaphosa win— for now
Markets calm over Ramaphosa win— for now
News that Cyril Ramaphosa had been elected president of the ANC on Monday evening pleased the currency markets at first, with the rand dollar...
Economic tides hurt small traders
Economic tides hurt small traders
Between the colourful houses of the Bo-Kaap in Cape Town, a small spice shop has been serving customers for the past 70 years. The spices are...
Why has the rand weakened so much?
Why has the rand weakened so much?
The rand is at its lowest level to date against major world currencies. This week we...
Reprieve for rand and consumers
Reprieve for rand and consumers
The week brought some good news for the long-suffering rand and kicked off with low inflation figures and a narrowing current account deficit. But it...
Politics, not economics, is at play
Politics, not economics, is at play
Unconventional policy in the developed world can wreak havoc in the emerging markets, but there is a way to fight back, according to Joseph...
Ghana moves interest rate meeting forward
Ghana moves interest rate meeting forward
Ghana's central bank will hold its bimonthly interest rate meeting two weeks early to respond to economic developments as a weaker cedi spurs...
Anglo American Platinum returns to profit
Anglo American Platinum returns to profit
Anglo American Platinum, the world’s biggest producer of the metal, said it returned to profit last year after sales increased and the rand...
Mining strikes put rand under pressure, bonds also weak
Mining strikes put rand under pressure, bonds also weak
The rand could lose further ground as the greenback remains supported by jobs data that has boosted chances the United States will soon...
Rand takes a dive after Zuma pep talk
Rand takes a dive after Zuma pep talk
Despite this, the rand dropped to its lowest level in four years. The local currency weakened to below R10 against the US dollar, levels it last...
Reserve Bank denies using reserves to influence rand
Reserve Bank denies using reserves to influence rand
The South African Reserve Bank (SARB) said on Wednesday that it did not use its reserves to influence the exchange rate of the rand and has not...

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