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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.
- South African rand extends gains after unity government ...
At 0641 GMT, the rand traded at 18.2350 against the dollar ,...
- South African rand strengthens on weak dollar; stocks jump
Oct 4 (Reuters) - South Africa's rand strengthened on...
- South African rand extends gains after unity government ...
May 22, 2024 · The Rand continued to strengthen over the next 2 or 3 years to below R6 against the dollar… it is very hard to make currency predictions and it becomes harder the further you look into the future 37
Jul 1, 2024 · Staff Writer. · 1 Jul 2024. The rand strengthened in early trade on Monday (1 July) as markets opened to a new cabinet in president Ramaphosa’s Government of National Unity (GNU). The president ...
May 23, 2021 · And then, too, we saw how the rand strengthened from levels of around R10 per dollar to below R6. Interest rate differences. To start off, I would first like to mention that interest rates, inflation and exchange rates go hand in hand. It’s important to note that when one country’s interest rate is higher than another country’s interest ...
- Schalk Louw
Jun 18, 2024 · At 0641 GMT, the rand traded at 18.2350 against the dollar , about 0.15% stronger than its previous close. ... Like other emerging market economies, the risk-sensitive rand often takes cues from ...
Mar 6, 2024 · In regards to European currencies, the euro traded 0.1% lower at around R20.5712 while the pound has declined 0.2% against the rand to trade at around R24.0473. Yesterday at 5.30am, the dollar ...
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Oct 4, 2022 · Oct 4 (Reuters) - South Africa's rand strengthened on Tuesday, joining a global risk rally amid weakness in U.S. Treasury yields and the dollar. At 1532 GMT, the rand traded at 17.6225 against the ...