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CURRENCIES NEWS ON FASTMOVING

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Rand back under R14 to the dollar – for now

Rand back under R14 to the dollar – for now

07/09/2016 - 08:45
The rand has strengthened to under R14 to the dollar on the back of surprisingly positive GDP data for the second quarter – but economists warn that this isn’t necessarily a turning point in South Africa’s current decline to junk status. read more
Rampant rand hits 10-month high against the dollar

Rampant rand hits 10-month high against the dollar

10/08/2016 - 11:36
THE rand remained at its multi-month highs against the dollar on Wednesday morning after gaining a further 30c against the greenback in the past two days. read more
Rand at strongest level against pound in over a year

Rand at strongest level against pound in over a year

19/07/2016 - 09:07
Cape Town – The rand was trading at its highest level in over a year against the pound on Tuesday, as Turkey’s failed coup saw global markets bounce back from their risk-induced levels. read more
Rand recovers in cautious trade

Rand recovers in cautious trade

08/07/2016 - 09:56
Johannesburg - South Africa’s rand traded firmer on Friday, taking advantage of a slip by the dollar ahead of a jobs report in the United States that could confirm bets of delayed rate hikes by its central bank. read more
Tanker Owners express concern over cedi's free fall, Ghana

Tanker Owners express concern over cedi's free fall, Ghana

06/02/2014 - 11:57
The Tanker Owners Association has expressed concern over the free fall of the local currency, the Cedi, a situation the association says is seriously affecting the operations of its members. read more
Rand weakens as yields rise

Rand weakens as yields rise

30/07/2013 - 08:33
Johannesburg - South Africa’s rand declined for a second day and bonds fell, driving yields to the highest in a month, as credit growth slowed and before data this week that may show the trade deficit this year is widening. read more
Global factors weakening the rand

Global factors weakening the rand

13/06/2013 - 08:27
Johannesburg - Global factors are the main contributors to the current volatility of the rand, analysts said on Wednesday. read more