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Currencies

Currencies

Rand gains on Mugabe exit and CPI dip, but momentum constrained

Nov 22 2017 11:08

The rand has dipped below R14/$ following news of Zimbabwean President Robert Mugabe's resignation, but domestic developments will prevent it from making further gains, say analysts.

Currencies

Rand cheers Mugabe ouster, still eyes rates, downgrade moves

Nov 21 2017 18:54

The rand dipped below R14/$ on the news that Robert Mugabe has resigned as president via a letter provided to the speaker of Zimbabwe's parliament.

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Currencies

Rand braces for punch as SA downgrade no longer 'if' but 'when'

Nov 20 2017 11:42

A local currency downgrade on Friday would push the dollar/rand exchange rate up by between 30c and 50c in a rapid spike, according to a currency economist.

Currencies

Euro sinks in Asia as Germany is gripped by uncertainty

Nov 20 2017 09:41

The euro has faced fresh pressure in Asian trade after German Chancellor Angela Merkel failed to form a government at the weekend.

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Finance Minister Malusi Gigaba has laid bare South Africa's economic woes. Visit our Mini Budget Special for all the action.
 
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