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Little Love for Emerging-Market Rally as Analysts See Risks – South African Rand

14 January 2016 By admin

Little Love for Emerging-Market Rally as Analysts See Risks

The South African rand strengthened for a second day on Wednesday, trimming its loss versus the dollar this year to 6.3 percent, the most among emerging currencies tracked by Bloomberg. The Russian ruble, Mexican peso and Turkish lira have slid at …

Read more on Bloomberg

Five Things Everyone Will Be Talking About Today

Macquarie Bank Ltd. said that today may not be a one-off for the currency as open interest amongst Japan's retail traders is highest after the dollar and the pound, with positions more than doubling between June and December as the rand lost 24 percent …

Read more on Bloomberg

South African stocks firmer, rand flat in thin pre-holiday trade

JOHANNESBURG (Reuters) – South African stocks followed European markets higher on Thursday and closed in the black for the fourth straight session on very low volumes as the as the Johannesburg Securities Exchange closed early for the Christmas …

Read more on Reuters Africa

Trouble Lurks For This Emerging Market ETF

The rand has been one of the worst performers in EM, and that is likely to continue. Our emerging market FX model has South Africa near the bottom of our league table with VERY WEAK FUNDAMENTALS. In 2015, the South African rand (ZAR) was the third …

Read more on ETF Trends

Historic Bavuma ton helps SA achieve parity

But he danced around Newlands like a summer breeze, his bright-as-a-button innings refreshing onlookers who were beginning to tire of runs that in this Test had become as undervalued as the South African rand. Bavuma's unbeaten 102, from 148 balls, …

Read more on ESPNcricinfo.com

South African Rand Horror

Image by Smath.
All South Africans (especially those of us who are fond of traveling in foreign countries) have been really feeling the burn in the past couple of months when our rand went from ~R7 to the US $ to R11, eventually settling at R10.

I hope that this is a google fail and not an accurate representation of reality :-\

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These South African Rand 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.

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Filed Under: News Tagged With: African, Analysts’, EmergingMarket, Little, LOVE, rally, Rand, risks, South

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About admin

The one with a "My Complex" - incurable but fun. Grumpy, Cynical, Wise and Idiotic. I can also be found HERE.

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