Yahoo Canada Web Search

Search results

1. www.news24.com › fin24 › finweekWhy the rand is strengthening | Business - News24

   www.news24.com › fin24 › finweek

   • Cached

   May 23, 2021 · Just over 12 months ago (23 April 2020) we saw the rand trading at over R19 against the US dollar for the first time in history. About a year later, it now trades closer to R14 for a dollar, and some are saying that the period of strengthening may be behind us. The proverbial rand strength “shark” might have left our waters.

   • Author: Schalk Louw

2. businesstech.co.za › news › financeThis is what’s influencing the rand right now – BusinessTech

   businesstech.co.za › news › finance

   • Cached

   Oct 5, 2020 · By 18 September, the rand had clawed back over 15% of its value to reach R16.13/dollar, Botes said. “But this was still some way off the R13.99/dollar level at which the rand kicked off the year.

3. Videos

   • 

     2:18

     youtube.com

     Rand bounces back against the U.S. dollar

     Apr 28, 2017

     623 Views

   • 

     8:03

     youtube.com

     Rand dollar exchange rate and how it affects South Africans: Koketso Mano

     Jul 14, 2022

     4.6K Views

   • 

     0:27

     youtube.com

     Rand breaks through R12 level against dollar

     Jan 24, 2018

     269 Views

   View all

4. seekingalpha.com › article › 4414264-rand-postRand: Post-Pandemic Global Recovery Tailwind - Seeking Alpha

   seekingalpha.com › article › 4414264-rand-post

   Mar 16, 2021 · The IMFforecasts a 5.1% increase in 2021. The Fedgives an average estimate of 4.2%, with the central tendency ranging from 3.7% to 5.0%. Forecasts for China range from 7.8% according to the OECD ...

5. www.news24.com › fin24 › explainer-why-you-shouldEXPLAINER: Why you should care about the rand-dollar ... - News24

   www.news24.com › fin24 › explainer-why-you-should

   • Cached

   Apr 4, 2020 · The rand has been breaking records this week. It breached the R19.00/$ mark on Friday following a further downgrade into junk status by ratings agency Fitch. Some analysts are warning that it could breach the R20/$ mark in the near term. If you're wondering why you should care about the local unit's movements, with the help of the SA Reserve ...

6. www.reuters.com › world › africaSouth African rand strengthens on weak dollar; stocks jump

   www.reuters.com › world › africa

   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 ...

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

   businesstech.co.za › news › finance

   • Cached

   Aug 16, 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 emerging markets, marks its ...

8. People also ask

   Will a Rand rally help a weakening currency?

   • “All-in-all, while the rand will find bursts of strength from any dollar weakness, the local unit’s underlying trend points to a weakening currency in the long term. We would suggest making use of any rand rally to fill up on foreign currency requirements,” Botes said. Short-term forecast

   This is what’s influencing the rand right now - BusinessTech

   businesstech.co.za/news/finance/438097/this-is-whats-influencing-the-rand-right-now/

   See all results for this question

   Why did South Africa's Rand rise?

   • 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 dollar, 1.3% stronger than its previous close. The dollar index , which measures the currency against six rivals, was last down more than 1% at 110.380.

   South African rand strengthens on weak dollar; stocks jump

   www.reuters.com/world/africa/south-african-rand-strengthens-ahead-central-bank-policy-review-2022-10-04/

   See all results for this question

   Will the Rand break the R20/$ Mark?

   • The rand has been breaking records this week. It breached the R19.00/$ mark on Friday following a further downgrade into junk status by ratings agency Fitch. Some analysts are warning that it could breach the R20/$ mark in the near term.

   EXPLAINER: Why you should care about the rand-dollar exchange rate …

   www.news24.com/fin24/explainer-why-you-should-care-about-the-rand-dollar-exchange-rate-20200404

   See all results for this question

   Why did the Rand remain strong against global currencies?

   • The rand remained strong against global currencies as foreign investor sentiment continues to grow and the impact of the interest rate cut is reflected in the market. Picture: Karen Sandison/Independent Newspapers

   The rand hits a 20-month high against the US dollar

   www.iol.co.za/business/advice/the-rand-hits-a-20-month-high-against-the-us-dollar-63207fbb-b889-4e02-8825-e7dca65c451a

   See all results for this question

   Will global risk-on sentiment support the Rand in 2021?

   • Phases of global risk-on sentiment will support the rand and a test of sub-16.00 is highly likely. “If, however, the rand is considered fair value around R16.50 by the end of 2020, it makes it difficult to see a meaningful and sustained rally beyond R15.50 during the year.” He said that the probability of sub-R16.00 by end of 2021 is 10%.

   This is what’s influencing the rand right now - BusinessTech

   businesstech.co.za/news/finance/438097/this-is-whats-influencing-the-rand-right-now/

   See all results for this question

   Will the Rand weaken at the end of 2021?

   • Interest rate parity is like gravity in forex markets, so the rand faces at least 75c of weakening due to this factor alone, placing the equivalent fair value for end 2021 around R17.25, said Herman. He said that the probability of the rand between R16.50 and R18.00 at the end of 2021 is 50%.

   This is what’s influencing the rand right now - BusinessTech

   businesstech.co.za/news/finance/438097/this-is-whats-influencing-the-rand-right-now/

   See all results for this question

9. www.iol.co.za › business › adviceThe rand hits a 20-month high against the US dollar

   www.iol.co.za › business › advice

   • Cached

   The rand is having one of the best weeks in recent memory and continued to extend its rally on Thursday morning against the dollar and other global currencies. According to Reuters analysts, t he ...