Currencies
latest news & developments
What Is Inside DXY? The Six Currencies and Their Weights
The US Dollar Index (DXY) is a benchmark of dollar strength, but it only tracks a fixed basket of six currencies. Learn how it is weighted and why it does not directly reflect…
How DXY Trading Costs Work at Exness
Understand the key components of US Dollar Index trading costs, from spreads and commissions to overnight swaps and market execution dynamics.
Reserve Bank widely expected to hold interest rates this week
Consumer inflation remains sticky above the 4.5% midpoint of the central bank’s target range
Explainer: How the Reserve Bank decides on interest rates
Movements in headline inflation are a key indicator, but decisions are also influenced by central banks around the world, especially the US Federal Reserve
‘A cruel slap’: Reserve Bank weighs inflation risks as the economy struggles
Critics have said the repo rate hike will jeopardise already sluggish economic growth, but others say the gradual increase will have little effect
Reserve Bank green-lights interest rate lift-off
The decision to hike the repo rate by 25 basis points comes in the wake of red-hot inflation in advanced economies and fears policymakers will start to dial back on accommodative…
Bitcoin booms in Nigeria as naira flags
Nigeria’s central bank has repeatedly warned against the risks of investing in cryptocurrencies and even ordered local banks to close accounts trading in them.
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.
No parting gift from Tito
Reserve Bank governor Tito Mboweni has announced for the last time, that the repo rate was accordingly left unchanged at 7.00%.
Rand weakens sharply, stocks slide
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.