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South African Rand on Cusp of Record Lows After Rating Agency Assessments

30 December 2015 By admin

South African Rand on Cusp of Record Lows After Rating Agency Assessments

However, there is also speculation the South African Reserve Bank (SARB) will hike interest rates to 6.50% at its next rate meeting on the 29th of January in order to prop up demand for the rand, as it once again widens the interest rate differential …

Read more on Pound Sterling Live

South African Rand Nears Record Lows

The South African rand fell to record lows against the US dollar on December 8, 2015, as a slew of disappointing macroeconomic data brought the currency down. The current account deficit widened sharply to $ 165 billion in the third quarter versus a gap …

Read more on Market Realist

Pound to South African Rand @ 24.00, ABSA Downgrade Forecasts

“Beyond that, very little is known about Mr Van Rooyen, except that he is a former executive mayor of Merafong Municipality and a former North West provincial chairperson on the South African Local Government Association,” says Isaah Mhlanga at Rand …

Read more on Pound Sterling Live

South African Rand Forecast 2016: ABSA Retain Bearish Stance

The South African rand is unlikely to find any material strength over coming months says a new report from ABSA who cite a number of external challenges. The forecast comes as the South African rand looks to close out what has been undoubtedly a poor …

Read more on Pound Sterling Live

3 Litre bottles of Jack Daniels

Image by Pierre Nel
I drink Jack Daniels – here are 3 litre bottles on sale at duty free in Cape Town International airport, at a mere R808 (South African Rands) a pop. That’s about £53. Let the good times roll.

This “South African Rand” image was 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.

List your event on www.MyZA.co.za for free – click here to get started.

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.

Visit the MyPE YouTube Channel.





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Filed Under: News Tagged With: African, after, agency, Assessments, Cusp, Lows, Rand, rating, record, South

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

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