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  1. www.bnnbloomberg.ca › business › internationalSouth Africa’s Rand Hits 13-Month High on Economy Optimism

    Aug 30, 2024 · August 30, 2024 at 5:32AM EDT. (Bloomberg) (Bloomberg) -- The rand climbed to a 13-month high on Friday, riding a wave of optimism about South Africa’s economy and also buoyed by expectations of imminent Federal Reserve interest-rate cuts. The South African currency advanced as much as 0.8% on Friday to 17.5965 per dollar, the strongest level ...

  2. www.reuters.com › world › africaSouth African rand hits new 13-month high on signs of ...

    Aug 30, 2024 · South Africa's rand was stable on Friday against a buoyant dollar, after the local unit hit a fresh 13-month high earlier in the day supported by improved investor sentiment on signs the domestic ...

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

    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 ...

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  4. www.reuters.com › markets › currenciesSouth African rand firms as focus shifts to inflation print ...

    8 hours ago · South Africa's rand firmed against a weaker dollar on Friday, ahead of a domestic inflation reading next week which could provide clues on the central bank's rate-cutting path.

  5. www.news24.com › fin24 › economyRand rallies to 13-month high on optimism about SA economy

    Aug 30, 2024 · The rand climbed to a 13-month high on Friday, riding a wave of optimism about South Africa’s economy and also buoyed by expectations of imminent Federal Reserve interest-rate cuts. The South African currency advanced as much as 0.8% on Friday to 17.6069 per dollar, the strongest level since July 2023 and bringing its gain this year to 4.3%, the most in emerging markets after Malaysia’s ...

  6. businesstech.co.za › news › financeRand surges in South Africa – but it’s not plain sailing

    Jul 14, 2023 · Rand surges in South Africa – but it’s not plain sailing. The rand gained strongly on Thursday (13 July), touching its highest in more than three months; however, it’s not going to be easy ...

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

    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 ...

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