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2. www.reuters.com › world › africaSouth African rand gains as cautious Fed lifts risk appetite

   www.reuters.com › world › africa

   Aug 30, 2021 · The South African rand gained on Monday, boosted along with other risk-sensitive currencies by investor confidence that the U.S. Federal Reserve was in no rush to step away from its massive ...

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4. 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 ...

5. www.news24.com › fin24 › marketsRand slumps as dollar gets boost from Trump presidency bets

   www.news24.com › fin24 › markets

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   Jul 2, 2024 · The dollar rose on Tuesday as investors weighed the possibility of another Donald Trump presidency after last week's poor debate performance by incumbent Joe Biden. The rand slumped more than 2% overnight. From below R17.95/$ on Monday, it was trading around R18.48 by late morning on Tuesday. Speculation about a second term for the Republican ...

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8. People also ask

   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 is the Rand so strong?

   • According to Investec chief economist Annabel Bishop, the rand’s strength comes following high degrees of volatility ahead of and during the elections, which has turned to hope after the post-election negotiations proceeded peacefully, offering some stability.

   Rand hits under R18 to the dollar – BusinessTech

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

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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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   Will the Rand settle under r18.00/$?

   • While the rand’s move toward R18.00/$ is not wholly unexpected—the currency was heading in the direction before the elections as well—Bishop said that it would likely struggle to settle under that level, given that R18.00 is a key resistance level and difficult to break through.

   Rand hits under R18 to the dollar – BusinessTech

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

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   How has US economic activity impacted the Rand?

   • “US economic activity has shown marked resilience, and combined with the sticky nature of its inflation’s descent, has caused the delays in the advent of the US interest rate cutting cycle, and consequent volatility for the rand.

   Rand hits under R18 to the dollar – BusinessTech

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

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   When was the last time the rand traded under R18/$?

   • The last time the rand traded under R18.00/$ was July 2023. In addition to local proceedings with setting up the seventh administration, Bishop said that markets are also focused on the United States and the timing of interest rate cuts. This will keep markets volatile around upcoming data releases in the States, she said.

   Rand hits under R18 to the dollar – BusinessTech

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

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9. www.wikihow.com › Download-Any-Video-from-AnyHow to Download Any Video from Any Website for Free - wikiHow

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