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1. businesstech.co.za › news › financeRand hits under R18 to the dollar - BusinessTech

   businesstech.co.za › news › finance

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   Jun 19, 2024 · Staff Writer. · 19 Jun 2024. The South African rand hit its strongest level in almost a year, trading at R18 to the dollar on Wednesday (19 June), with the country is moving towards an official ...

2. businesstech.co.za › news › financeHere’s what is boosting the rand right now – as it hits R14 ...

   businesstech.co.za › news › finance

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   May 10, 2021 · The South African rand moved below R14 to the dollar on Monday morning (10 May), as it benefited from strong commodity prices, subdued US jobs data, and positive local news. The extended run means ...

3. www.bnnbloomberg.ca › investing › 2024/09/19Rand Gains as South Africa Rate Cut, Weak Dollar Lifts ...

   www.bnnbloomberg.ca › investing › 2024/09/19

   Sep 19, 2024 · September 19, 2024 at 1:57AM EDT. Lesetja Kganyago, governor of South Africa s central bank, speaks at an interest rates news conference in Centurion, South Africa, on Thursday, May 30, 2024. (Waldo Swiegers/Photographer: Waldo Swiegers/Blo) (Bloomberg) -- The rand strengthened Thursday, as sentiment was boosted by the dollar’s pullback and ...

   • Author: Colleen Goko

4. 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 · JOHANNESBURG, July 8 (Reuters) - The South African rand strengthened on Monday, as risk sentiment improved on bets that an interest rate cut by the U.S. Federal Reserve is close. At 1504 GMT, the ...

5. www.reuters.com › world › africaSouth African rand strengthens further after strong week of ...

   www.reuters.com › world › africa

   Jun 9, 2023 · JOHANNESBURG, June 9 (Reuters) - South Africa's rand strengthened further on Friday after a strong week of gains boosted by encouraging economic data at home. At 1508 GMT, the rand traded at 18. ...

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

   www.reuters.com › world › africa

   Jun 18, 2024 · 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 ...

7. People also ask

   What boosted the Rand?

   • (Waldo Swiegers/Photographer: Waldo Swiegers/Blo) (Bloomberg) -- The rand strengthened Thursday, as sentiment was boosted by the dollar’s pullback and South Africa’s first interest-rate cut in four years. The currency pared earlier stronger gains, however, to trade 0.4% higher at at 17.4846 per dollar by 5:30 p.m. in Johannesburg.

   Rand Gains With SARB Poised For First Rate Cut in Four Years

   www.bnnbloomberg.ca/investing/2024/09/19/rand-gains-with-sarb-poised-for-first-rate-cut-in-four-years/

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   What happened to South Africa's Rand?

   • The South African rand hit its strongest level in almost a year, trading at R18 to the dollar on Wednesday (19 June), with the country is moving towards an official Government of National Unity and only a few more steps remain.

   Rand hits under R18 to the dollar – BusinessTech

   businesstech.co.za/news/finance/777682/rand-hits-r18-to-the-dollar/

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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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   Why did the South African rand move below R14?

   • The South African rand moved below R14 to the dollar on Monday morning (10 May), as it benefited from strong commodity prices, subdued US jobs data, and positive local news. The extended run means that the local currency is now at a 16-month high against the greenback.

   Here’s what is boosting the rand right now – as it hits R14 to the

   businesstech.co.za/news/finance/489197/heres-what-is-boosting-the-rand-right-now-as-it-hits-r14-to-the-dollar/

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   Why did the Rand extend its gains on Wednesday?

   • The rand extended its gains on Wednesday as the inauguration of president Cyril Ramaphosa sends signals of stability – and global markets give it a boost.

   Rand hits under R18 to the dollar – BusinessTech

   businesstech.co.za/news/finance/777682/rand-hits-r18-to-the-dollar/

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   Why did the Rand rise Thursday morning?

   • (Updates currency move, adds detail on rate decision) The rand gained Thursday morning ahead of a South African Reserve Bank interest rate decision, where the central bank is expected to deliver its first cut since July 2020.

   Rand Gains With SARB Poised For First Rate Cut in Four Years

   www.bnnbloomberg.ca/investing/2024/09/19/rand-gains-with-sarb-poised-for-first-rate-cut-in-four-years/

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8. businesstech.co.za › news › financeRand is on a winning run - BusinessTech

   businesstech.co.za › news › finance

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   Aug 16, 2024 · Bloomberg. · 16 Aug 2024. South Africa’s rand is on a winning run not seen in 13 years. The ninth consecutive day of gains in the currency, often seen as a bellwether for the outlook of ...