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Currencies

Mere talk of Zuma ouster spurs bets on the rand

May 24 2017 23:10

Societe Generale, Credit Agricole and Citigroup are betting on a resurgence in the rand, which has lost 4% of its value since President Jacob Zuma sparked a crisis with a Cabinet reshuffle.

Currencies

Rand rallies on report of Zuma removal talks

May 23 2017 16:07

The rand has raced to R13.02/$ on a Bloomberg report that the ANC's top leadership will discuss the option of removing President Jacob Zuma from his post this weekend.

Currencies

Euro rebounds to six-month high, while dollar steadies

May 22 2017 13:36

The euro has climbed to a six-month high, rebounding from an early decline, after Chancellor Angela Merkel said the common currency was 'too weak.'

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