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1. www.nedbank.co.za › content › damRand Dynamics November 2022 - NedBank

   www.nedbank.co.za › content › dam

   A weaker dollar was the main driver of the rand’s rapid rebound. The dollar depreciated by 4.5% against the euro in early November. This followed a softer performance in October, when th e dollar eased by 0.8% against the euro, after four months of strong dollar gains against the euro and all other major currencies.

2. 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 ...

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     #BizPrime CHART OF THE DAY: Rand-Dollar exchange

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     Rand bounces back against the U.S. dollar

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     Rand trades stronger than US dollar

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4. www.reuters.com › world › africaSouth African rand rises as dollar drops; miners drag on bourse

   www.reuters.com › world › africa

   Jul 12, 2022 · July 12 (Reuters) - South Africa's rand strengthened against the dollar on Tuesday after slipping to its weakest for 21 months in early trade. By 1548 GMT the rand traded at 16.9675 against the ...

5. businesstech.co.za › news › financeWhere the rand is heading for the rest of 2022: analysts

   businesstech.co.za › news › finance

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   Jul 13, 2022 · The dollar index, which measures the value of the US dollar against a basket of six other major currencies, has strengthened some 12.7% since 1 January 2022 and 17.1% over the past 12 months, on ...

6. www.reuters.com › markets › stocksSouth African rand starts 2022 stronger on upbeat global mood

   www.reuters.com › markets › stocks

   Jan 3, 2022 · JOHANNESBURG, Jan 3 (Reuters) - The South African rand strengthened on Monday, the first trading day of 2022, as an upbeat mood lifted assets globally. At 1602 GMT, the rand traded at 15.8875 ...

7. cib.absa.africa › 2022-the-rands-year-ahead2022: The Rand’s Year Ahead - Absa | Corporate and Investment ...

   cib.absa.africa › 2022-the-rands-year-ahead

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   Inflation. Inflation is expected to come down in 2022 as the South African Reserve Bank hikes policy rates – and from an inflation differential perspective, the rand is scoped to strengthen. “If you look at our Purchasing Power Parity model, it’s saying the rand is fairly valued at around USD14,50,” says Keenan.

8. People also ask

   How did the South African rand perform in 2022?

   • REUTERS/Mike Hutchings/File Photo Purchase Licensing Rights JOHANNESBURG, Jan 3 (Reuters) - The South African rand strengthened on Monday, the first trading day of 2022, as an upbeat mood lifted assets globally. At 1602 GMT, the rand traded at 15.8875 against the dollar, around 0.4% firmer than its previous close.

   South African rand starts 2022 stronger on upbeat global mood

   www.reuters.com/markets/stocks/south-africas-rand-falls-subdued-risk-appetite-2022-01-03/

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   What happened to the Rand in 2022?

   • Booysen noted that the rand strengthened against the dollar during the first quarter of 2022, starting the year north of R15.57/dollar and reaching R14.40 at the end of March, before reversing and trading all the way back to and retesting the November 2021 highs at around R16.18 in April and May.

   Where the rand is heading for the rest of 2022: analysts

   businesstech.co.za/news/finance/606062/where-the-rand-is-heading-for-the-rest-of-2022-analysts/

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   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/

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   What happened to South Africa's Rand?

   • July 12 (Reuters) - South Africa's rand strengthened against the dollar on Tuesday after slipping to its weakest for 21 months in early trade. By 1548 GMT the rand traded at 16.9675 against the dollar, 0.77% stronger than its previous close. On Monday the rand hit its lowest level since September 2020.

   South African rand rises as dollar drops; miners drag on bourse

   www.reuters.com/world/africa/south-african-rand-21-month-low-dollar-strength-weighs-2022-07-12/

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   When did the Rand become a currency?

   • The rand was introduced in 1961, ahead of South Africa becoming a republic. The rand was valued at $1.40 from 1961 until 1971, and then began to fluctuate, with the US dollar becoming stronger than the rand in March 1982. The rand declined from the 1980s as high inflation and international sanctions eroded its value.

   Will The South African Rand Get Stronger? - Capital.com

   capital.com/south-africa-rand-forecast-zar-growth

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   What is the UK pound to South African rand forecast for 2025?

   • But for the longer term, the British pound to South African rand forecast for 2025 from algorithm-based forecasting service Wallet Investor showed the pair rising to 20.714, from 20.231 at the end of 2023 and 19.976 at the end of 2022. Are you looking for a South African rand forecast to inform your foreign exchange trading strategy?

   Will The South African Rand Get Stronger? - Capital.com

   capital.com/south-africa-rand-forecast-zar-growth

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9. capital.com › south-africa-rand-forecast-zar-growthSouth African Rand Forecast | Will The South African Rand Get ...

   capital.com › south-africa-rand-forecast-zar-growth

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   Nov 8, 2022 · The rand started 2022 at 15.40 against the US dollar, and strengthened to 14.61 at the start of March. But the gains were short-lived, and the rand began to trend lower, reaching 15.81 on 1 April. It climbed above 16.00 in May. The USD/ZAR pair passed the 17.00 mark in July and reached 18.40 on 24 October, its highest level since April 2020.