Tag: ZAR

China and India launch investment spree in Africa ahead of key summit

Chinese President Xi Jinping and Indian Prime Minister Narendra Modi have continued to lend in tandem to African countries.

China and India launch investment spree in Africa ahead of key summit

Chinese President Xi Jinping and Indian Prime Minister Narendra Modi have continued to lend in tandem to African countries.

South Africa’s rand hits 3-yr high against dollar

South Africa’s rand hit a fresh three-year high against a weaker dollar in early trade on Monday, amid talk that President Cyril Ramaphosa is likely to announce a new cabinet this week. At...

Market Update: Eventful week sees rand firm and JSE trend lower

Bianca Botes | Peregrine Treasury Solutions It was an eventful week in local markets with the State of the Nation Address (SONA) taking place in Parliament on 16 February 2018 followed by the...

South African rand slightly weaker ahead of budget speech

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. At 0655 GMT, the...

South African rand hovers near 3-yr highs after Zuma quits

South Africa’s rand was little changed in early deals on Thursday, largely holding on to gains notched up overnight after President Jacob Zuma resigned. * At 0608 GMT, the rand was at 11.7300...

South African rand firms on talk Zuma will resign, Gupta arrest

South Africa’s rand firmed on Wednesday on expectations President Jacob Zuma would offer his formal resignation after the ruling African National Congress (ANC) party ordered the 75-year old to step down. At 0714...

Rand benefits from ongoing acceleration in Dollar selling

Jameel Ahmad | FXTM As the financial markets conclude the first month of trading for 2018, the South African Rand has not only managed to hang on to its gains from the aftermath of...
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