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Currencies

Currencies

Rand, emerging market currencies on the backfoot amid US-China trade tensions

May 21 2019 12:51

The rand weakened in early trade, before strengthening somewhat, as uncertainty around US-China trade talks dampened demand for emerging markets currencies.

Currencies

Rand to remain under pressure as US-China trade tensions take centre stage

May 20 2019 11:04

The rand regained some ground against the dollar on Monday morning after weakening late last week, but is expected to remain under pressure as trade tensions between the US and China take centre stage.

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Currencies

Rand ends week nearly 1% stronger

May 17 2019 16:35

The rand has ended the week nearly 1% stronger, on the back of the outcome of the general election which was in line with market expectations.

Currencies

Rand gains 1.3% since polls - will now look to Ramaphosa's Cabinet picks

May 16 2019 11:13

South Africa’s currency has gained 1.3% to 14.2447 per dollar since the national elections, and may extend its advance to 13.20 per dollar by year-end provided the new cabinet inspires confidence among investors, according to Morgan Stanley.

Currencies

Rand awaits Cabinet announcement, but ongoing US-China spat still key

May 14 2019 10:19

The rand is expected to trade in a range between R14.15 to R14.45 ahead of the announcement of the country's new Cabinet, TreasuryONE said in a morning note to clients.

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