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1. www.moneyweb.co.za › financial-advisor-views › isIs the rand strengthening or the dollar weakening? - Moneyweb

   www.moneyweb.co.za › financial-advisor-views › is

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   May 22, 2024 · The rand has recently shown remarkable strength against the US dollar, influenced by both international and domestic factors. As of May 16, 2024, the rand has made incremental gains, reaching R18 ...

2. www.reuters.com › markets › currenciesSouth African rand recovers against dollar as US inflation ...

   www.reuters.com › markets › currencies

   Dec 12, 2023 · At 0635 GMT, the rand traded at 19.0025 against the dollar , about 0.4% stronger than its previous close. The dollar last traded around 0.18% weaker against a basket of global currencies.

3. businesstech.co.za › news › financeThis is the ‘real’ value of the rand right now – and why we ...

   businesstech.co.za › news › finance

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   Aug 5, 2024 · This is a slightly stronger position than at the start of the year, where the rand was 52.5% undervalued, and the 4th most undervalued in the basket of currencies The Economist looked at.

4. www.arcadiafinance.co.za › economy › rand-strengthCould 2024 Be the Year the Rand Regains its Strength?

   www.arcadiafinance.co.za › economy › rand-strength

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   Oct 8, 2024 · Goldman Sachs suggests the US dollar may remain stronger for longer due to better-than-expected US economic growth. This could reduce demand for emerging market currencies, including the rand. Volatility leading up to the elections could also impact the rand, possibly revisiting the R19/USD level seen in 2023.

5. www.reuters.com › world › africaSouth African rand extends gains after unity government ...

   www.reuters.com › world › africa

   Jun 18, 2024 · At 0641 GMT, the rand traded at 18.2350 against the dollar , about 0.15% stronger than its previous close. South Africa's National Assembly sat for the first time on Friday after last month's ...

6. www.reuters.com › markets › south-african-randSouth African rand gains as risk sentiment improves | Reuters

   www.reuters.com › markets › south-african-rand

   Jul 8, 2024 · At 1504 GMT, the rand traded at 18.0750 against the dollar , 0.56% stronger than its previous close. The dollar last traded about 0.04% weaker against a basket of global currencies.

7. People also ask

   How strong is the Rand against the dollar?

   • At 0635 GMT, the rand traded at 19.0025 against the dollar , about 0.4% stronger than its previous close. The dollar last traded around 0.18% weaker against a basket of global currencies. The rand has made a slight recovery after being on the backfoot against the dollar on Monday on expectations the Fed might not cut interest rates early next year.

   South African rand recovers against dollar as US inflation data looms

   www.reuters.com/markets/currencies/south-african-rand-recovers-against-dollar-us-inflation-data-looms-2023-12-12/

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   How strong was the Rand at 1504 GMT?

   • At 1504 GMT, the rand traded at 18.0750 against the dollar , 0.56% stronger than its previous close. The dollar last traded about 0.04% weaker against a basket of global currencies.

   South African rand gains as risk sentiment improves | Reuters

   www.reuters.com/markets/south-african-rand-slightly-weaker-stronger-dollar-2024-07-08/

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   Why is the Rand so strong?

   • Below are some of the factors to consider: One significant factor contributing to the rand’s strength is the potential for lower interest rates in the United States. The Federal Reserve has indicated that it might cut rates due to concerns over slowing economic growth and potentially subdued inflation down the line.

   Is the rand strengthening or the dollar weakening? - Moneyweb

   www.moneyweb.co.za/financial-advisor-views/is-the-rand-strengthening-or-the-dollar-weakening/

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   Why is the Rand more attractive to global investors?

   • The strengthening of the rand against the dollar can be attributed to a confluence of international monetary policy shifts, domestic political optimism, and improved economic conditions. These factors together create a more favourable environment for the rand, enhancing its attractiveness to global investors. Conclusion and house view

   Is the rand strengthening or the dollar weakening? - Moneyweb

   www.moneyweb.co.za/financial-advisor-views/is-the-rand-strengthening-or-the-dollar-weakening/

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   Will a dollar decline benefit the Rand?

   • Experts at Bank of America (BofA) said that the rand will likely benefit from the market’s realisation that the dollar is overvalued. The expected decline in the US dollar should see improved capital flows to emerging markets – benefitting the rand, they said.

   Expect a shift for the rand in 2024 – but with a catch

   businesstech.co.za/news/finance/745107/expect-a-shift-for-the-rand-in-2024-but-with-a-catch/

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   Why was South Africa's Rand stronger in early trade?

   • REUTERS/Mike Hutchings/Illustration/File Photo Purchase Licensing Rights JOHANNESBURG, June 18 (Reuters) - South Africa's rand was slightly stronger in early trade on Tuesday, building on gains after unity government members were confirmed last week and ahead of talks by U.S. Federal Reserve officials later in the day.

   South African rand extends gains after unity government confirmed, Fed

   www.reuters.com/world/africa/south-african-rand-extends-gains-after-unity-government-confirmed-fed-talks-2024-06-18/

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8. businesstech.co.za › news › financeExpect a shift for the rand in 2024 – but with a catch ...

   businesstech.co.za › news › finance

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   Jan 24, 2024 · Luke Fraser. · 24 Jan 2024. The South African rand is expected to end 2024 in a much better place compared to the dollar than where it started – but the sailing is not likely to be smooth ...