The South African rand dropped to an eight-month low on Friday following the release of U.S. non-farm payroll data, which reinforced market expectations that the Federal...
The South African rand remained stable on Thursday as global markets closely monitored the U.S. Federal Reserve’s interest rate outlook and potential trade tariff implementations by...
The South African rand has fallen to a seven-month low, pressured by a stronger dollar and disappointing domestic economic data. As of Thursday, 9 January 2025,...
The South African rand experienced a dip against major currencies on Friday following the release of the South African Reserve Bank’s (SARB) quarterly bulletin. The bulletin...
The South African rand is feeling the heat, weakening against the US dollar as investors brace for pivotal economic updates. November’s inflation data and October’s retail...
South Africa has firmly dismissed speculation about the creation of a BRICS currency, citing misreporting as the cause of confusion. The Department of International Relations and...
Rand Weakens Ahead of Manufacturing PMI Data The South African rand started the week on a weaker footing, declining 0.64% to trade at R18.15 to the...
According to a recent report by PricewaterhouseCoopers (PwC), business confidence in South Africa has “notably” improved since the establishment of the Government of National Unity (GNU)...