{"id":60835,"date":"2015-12-30T22:36:46","date_gmt":"2015-12-30T20:36:46","guid":{"rendered":"http:\/\/www.myza.co.za\/south-african-rand-on-cusp-of-record-lows-after-rating-agency-assessments\/"},"modified":"2015-12-30T22:36:46","modified_gmt":"2015-12-30T20:36:46","slug":"south-african-rand-on-cusp-of-record-lows-after-rating-agency-assessments","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/south-african-rand-on-cusp-of-record-lows-after-rating-agency-assessments\/","title":{"rendered":"<b>South African Rand<\/b> on Cusp of Record Lows After Rating Agency Assessments"},"content":{"rendered":"<p><strong><b>South African Rand<\/b> on Cusp of Record Lows After Rating Agency Assessments<\/strong><br \/>\n<br \/>\nHowever, 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 &#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.poundsterlinglive.com\/zar\/3063-south-african-rand-weakens-after-ratings-agency-s-negative-assessment\">Pound Sterling Live<\/a><\/p>\n<p><\/i><\/p>\n<p><strong><b>South African Rand<\/b> Nears Record Lows<\/strong><br \/>\n<br \/>\nThe 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 &#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/marketrealist.com\/2015\/12\/south-african-rand-nears-record-lows\/\">Market Realist<\/a><\/p>\n<p><\/i><\/p>\n<p><strong>Pound to <b>South African Rand<\/b> @ 24.00, ABSA Downgrade Forecasts<\/strong><br \/>\n<br \/>\n\u201cBeyond 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,\u201d says Isaah Mhlanga at Rand&nbsp;&#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.poundsterlinglive.com\/zar\/3098-pound-to-rand-exchange-rate-forecast-545334\">Pound Sterling Live<\/a><\/p>\n<p><\/i><\/p>\n<p><strong><b>South African Rand<\/b> Forecast 2016: ABSA Retain Bearish Stance<\/strong><br \/>\n<br \/>\nThe 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&nbsp;&#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.poundsterlinglive.com\/zar\/2992-rand-exchange-rates-absa-view-343243\">Pound Sterling Live<\/a><\/p>\n<p><\/i><\/p>\n<p><strong>3 Litre bottles of Jack Daniels<\/strong><br \/>\n<img decoding=\"async\" alt=\"\"South African Rand\"\" src=\"https:\/\/farm1.staticflickr.com\/128\/337623103_a1a1feb204.jpg\" width=\"700\"\/><br \/>\n<i>Image by <a target=\"_blank\" href=\"http:\/\/www.flickr.com\/photos\/73774322@N00\/337623103\">Pierre Nel<\/a><\/i><br \/>\nI drink Jack Daniels &#8211; here are 3 litre bottles on sale at duty free in <a target=\"_blank\" href=\"http:\/\/mycapetown.co.za\">Cape Town<\/a> International airport, at a mere R808 (South African Rands) a pop. That&#8217;s about \u00a353. Let the good times roll.<\/p>\n<p>\nThis <em>&#8220;South African Rand&#8221;<\/em> image was automatically curated and published with <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot<\/a> plugin &#8211; <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">CLICK HERE<\/a> to learn more about <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot for WordPress<\/a> &#8211; a massive time and money saver.<\/p>\n<p><a target=\"_blank\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/channel\/UCgzgeTm3pKPjkFy4WHrH8xA\">Visit the MyPE YouTube Channel<\/a>.<\/p>\n<p>List your event on www.MyZA.co.za for free &#8211; <a target=\"_blank\" href=\"http:\/\/www.myza.co.za\/add-your-event\/\">click here<\/a> to get started.<\/p>\n<p><small>These <em>South African Rand<\/em> Yahoo news snippets were automatically curated and published with <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot<\/a> plugin &#8211; <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">CLICK HERE<\/a> to learn more about <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot for WordPress<\/a> &#8211; a massive time and money saver.<\/p>\n<p><a target=\"_blank\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/channel\/UCgzgeTm3pKPjkFy4WHrH8xA\">Visit the MyPE YouTube Channel<\/a>.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3247],"tags":[3050,3813,2454,10382,10380,10381,3437,2073,2468,3576],"class_list":{"0":"post-60835","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news","7":"tag-african","8":"tag-after","9":"tag-agency","10":"tag-assessments","11":"tag-cusp","12":"tag-lows","13":"tag-rand","14":"tag-rating","15":"tag-record","16":"tag-south","17":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/60835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=60835"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/60835\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=60835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=60835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=60835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}