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South African rand cools
South African rand cools after strong gains in data-filled week
The South African rand softened on Friday, cooling off after strong gains in a week that saw interest rate cuts by both the U.S. Federal Reserve and the South African Reserve Bank, plus a local inflation print.
South African rand gains, interest rates in focus
The South African rand gained in early trade yesterday, as markets geared up for a week packed with interest rate announcements and a local inflation print. At 0720 GMT, the rand traded at 17,66 against the dollar, about 0,6 percent firmer than its previous close.
The effect of a weakening Rand on home purchasing and strategies for South African investors to counter
Real estate investors and individuals with assets in the market would do well to understand the consequences of a depreciating Rand and take measures to mitigate them.
South African rand holds firm after first rate cut in four years
The South African rand held onto early gains on Thursday following the South African Reserve Bank's (SARB) decision to cut interest rates for the first time in over four years, after a super-sized interest rate cut by the U.
Rand Gains as South Africa Rate Cut, Weak Dollar Lifts Sentiment
The rand strengthened Thursday, as sentiment was boosted by the dollar’s pullback and South Africa’s first interest-rate cut in four years.Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughThe Moonshot Plan to Eliminate Deaths on America’s RoadsNew York City’s Transit System Plans $65.
CNBC Africa
19h
South African Markets – Factors to watch on Sept 20
The following scheduled economic event, company announcement, equity and currency market moves may affect South African markets on Friday. ECONOMIC EVENTS South Africa’s government will hold its ...
MarketWatch
1d
Euro/ South African Rand Sep 2025
2-Year U.S. Treasury Note Continuous Contract $104.313 0.008 0.01% 5-Year U.S. Treasury Note Continuous Contract $110.359-0.047-0.04% 10-Year U.S. Treasury Note Continuous Contract $114.953-0.125-0.11 ...
9d
South African Banks Eye Unsecured Loans for Loss-Absorbing Funds
South Africa’s biggest banks, who must start issuing billions of rand next year for a new loss-absorbing class of debt, will ...
2d
South Africa Lawmakers Back Statistics Office Plea to Up Budget
South African lawmakers backed a plea by the national statistical service to boost its budget by 294 million rand ($16.7 ...
OCCRP
11d
Two Arrested in South Africa for Counterfeiting Money
South African investigators arrested two Cameroonian nationals for allegedly manufacturing fake South African rand and U.S.
7d
HSBC Said in Talks to Sell South African Unit to FirstRand
HSBC Holdings Plc is in talks to sell its South African corporate banking unit to FirstRand Ltd.’s Rand Merchant Bank, people ...
17h
on MSN
Businessman extradited from UK to South Africa on fraud charges
A British businessman, who was a former contractor for South Africa's ailing power utility Eskom, has been extradited from ...
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