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Currencies

Rand weakens on strong dollar pressures

Mar 02 2015 17:44

The rand has weakened against the dollar, in line with other emerging-market currencies, after the greenback strengthened on growing prospects of a rise in US interest rates.

Currencies

Rand under pressure on yawning trade deficit

Mar 02 2015 09:53

The rand has opened the new month weaker against the dollar, extending steep losses triggered by a widening trade deficit revealed by poor trade numbers.

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Currencies

Trade shortfall pushes rand more than 1% weaker

Feb 27 2015 18:34

The rand has stumbled more than 1% to its softest in nearly a week after the trade balance swung into a wide deficit, pointing to continued pressure on the current account.

Currencies

Rand steady vs dollar as market digests budget

Feb 27 2015 09:42

The rand has steadied against the dollar as traders await the release of trade data later in the day and continue to digest Finance Minister Nhlanhla Nene's budget.

Currencies

Rand reverses gains, tracks weaker euro

Feb 26 2015 18:18

The rand has weakened against the dollar in line with the euro, relinquishing earlier gains which had been triggered by the government's plan to narrow the budget deficit.

Currencies

Rand hardly moves on Nene's budget speech

Feb 26 2015 09:14

The day after Finance Minister Nhlanhla Nene raised income tax for the first time in 20 years, the rand has been trading not far off its previous closing level.

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