JOHANNESBURG, Feb 21 (Reuters) - South Africa's rand was a touch weaker in early deals on Wednesday as traders refrained from making any large moves ahead of the budget speech later in the day.
more| 14 Feb 2018 15:33 | Bloomberg |
The rand rallied to its highest level since February 2015 as South African President Jacob Zuma agreed to step down, ending weeks of maneuvers by the ruling African National Congress to remove him from office. Zuma's resignation opens the path for his ...
moreThe rand is definitely pricing-in the removal of Zuma but it is showing some signs of rotation as the saga carries on,” said analyst IG Group Shaun Murison.
more| 06 Feb 2018 10:41 | Pound Sterling Live |
South Africa's Rand traded higher across the board during the London session Tuesday, after bouncing back from modest falls overnight, but analysts have warned the currency will be liable for severe losses if recent volatility in global financial ...
moreJOHANNESBURG, Feb 6 (Reuters) - South Africa's rand firmed against the dollar on Tuesday as the market positioned for the possible removal from office of President Jacob Zuma, while share prices hit a four-month low as the global stocks rout ...
moreThat was the absolute pinnacle of negative sentiment in South Africa. It could not have got ten worse - and in fact, it didn't.
more| 29 Jan 2018 06:45 | CNBCAfrica.com |
The National Prosecuting Authority (NPA) is also forging ahead at an impressive rate in the state capture debacle, assisting in the revival of positive investor sentiment in South Africa. Today's ZAR weakness stems from a slight uptick in the dollar ...
more| 05 Jan 2018 02:26 | Moneyweb.co.za |
But early on Friday the rand had backtracked as investors bearish on the currency cashed-in small profits and looked for defensive positions ahead of US payroll data expected to show strong growth.
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