Chinese market tumult again hits rand, stocks
The rand plunged 25% against the dollar last year. The continued weakness showed "SA no longer gets the benefit of the doubt from the markets", he said. "Before the announcements (on Nene), the downward trend in the rand's value was part of a global …
Read more on BDlive
Zimbabwe: Short Run Benefits From Rand Depreciation
Since 2012, the rand, along with a number of emerging markets currencies has generally been depreciating albeit at a fluctuating rate. In the early weeks of December 2015, Reuters reported that the rand fell to fresh 14-year lows against the dollar …
Read more on AllAfrica.com
Rand slump may force more aggressive Sarb action
The rand's crash to a new low against the dollar drove South African inflation expectations to the highest in at least three-and-a-half years and fueled speculation the central bank will act more aggressively at its policy meeting this month. The five …
Read more on Moneyweb.co.za
Rand weakens further despite positive local trade figures
THE rand lost further ground against the dollar on Wednesday afternoon despite SA's trade account swinging to a surplus in November. Pressure on the local currency during the session came as concerns over the economic slowdown in China resurfaced, …
Read more on BDlive
South Africa's rand pares losses after dive in Asian trade
South Africa's rand pared losses on Monday after dropping sharply in erratic Asian trade with dealers talking of Japanese sellers in a very illiquid market. By 0813 GMT the rand was 2.85 % weaker at 16.78 against the U.S. dollar, stabilising after …
Read more on South African Broadcasting Corporation
List your event on www.MyZA.co.za for free – click here to get started.
These Rand Dollar Yahoo news snippets were automatically curated and published with WP Robot plugin – CLICK HERE to learn more about WP Robot for WordPress – a massive time and money saver.
Visit the MyPE YouTube Channel.
