Rand slumps on ratings shocker
Johannesburg – The rand fell for a third day to near a record against the dollar and bonds tumbled, sending yields to their highest levels since February 2014, after Fitch Ratings cut South Africa's credit rating and Standard & Poor's lowered its …
Read more on Independent Online
Rand weakens as dollar strengthens on solid US jobs report
THE rand was weaker in late trade on Friday following the release of US data showing it added more jobs than expected in November, boosting the dollar. The release of US nonfarm payrolls data cemented expectations for a rate increase at the next US Fed …
Read more on BDlive
Paul slams Congress over trillion-dollar spending bill he claims no one read
A fired-up Sen. Rand Paul said Sunday he voted against the massive $ 1.1 trillion spending bill because not only was it rushed through Congress — but no one had a chance to read it. “It was over a trillion dollars, it was all lumped together, 2,242 …
Read more on Fox News
Rand touches new low against US dollar
The rand has touched a new record low against the dollar in afternoon trade, reaching R14.66 to the greenback. The rand's also been trading at record lows of around R22 to the British pound. This is attributed to weaker than expected economic data …
Read more on South African Broadcasting Corporation
Rand takes another tumble
Johannesburg – The rand fell to a record against the dollar and bonds tumbled, sending yields to their highest levels since February 2014, after Fitch Ratings cut South Africa's credit rating and Standard & Poor's lowered its outlook on the country's debt.
Read more on Independent Online
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