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1. businesstech.co.za › news › financeThis is the ‘real’ value of the rand right now – and why we ...

   businesstech.co.za › news › finance

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   Aug 5, 2024 · Using the ‘raw’ direct conversion data, a Big Mac costs R51.90 rand in South Africa (up from R49.90 in 2023) and US$5.69 in the United States (up from US$5.36).

   • Economists on why the rand is so undervalued right now

     The reality, however, is that the rand is currently trading...

   • This is what’s influencing the rand right now – BusinessTech

     In a research note, Botes said that the rand’s lowest point...

2. www.politicalanalysis.co.za › why-is-the-randWhy is the Rand strengthening? Are we actually seeing ...

   www.politicalanalysis.co.za › why-is-the-rand

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   Sep 30, 2024 · The rand’s recent gains come on the back of several external factors. The global pullback of the US dollar, combined with a slight improvement in local investor sentiment due to South Africa’s political developments, has contributed to the rand hovering around the R18 mark. But let’s not get carried away—this is hardly an indication of ...

3. Videos

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

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     South Africa Currency - The Rand Full Set - Rate in Indian Rupees

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     South Africa: The rand's decline - Counting the Cost

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4. www.news24.com › fin24 › MarketsWhy the rand is the top emerging-market currency so far this ...

   www.news24.com › fin24 › Markets

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   Jan 8, 2022 · Getty Images. The rand is so far in 2022 the strongest emerging market currency, according to TreasuryONE. A recent rand rally has been surprising, given that the US Federal Reserve indicated that it may hike interest rates faster than previously expected. The rand has found support in expectations that the Reserve Bank will also hike rates ...

5. businesstech.co.za › news › financeEconomists on why the rand is so undervalued right now

   businesstech.co.za › news › finance

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   Jul 28, 2022 · The reality, however, is that the rand is currently trading around R16.70 to the dollar – begging the question of why it is so undervalued. A currency is considered undervalued when its value in ...

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

   businesstech.co.za › news › finance

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   Oct 5, 2020 · In a research note, Botes said that the rand’s lowest point this year came unexpectedly just over a week into South Africa’s extreme lockdown. The local unit weakened to R19.08/dollar on 6 ...

7. www.reuters.com › world › africaSouth African rand extends gains after unity government ...

   www.reuters.com › world › africa

   Jun 18, 2024 · South Africa's rand was slightly stronger in early trade on Tuesday, building on gains after unity government members were confirmed last week and ahead of talks by U.S. Federal Reserve officials ...

8. People also ask

   Why has the Rand risen so much in South Africa?

   • The rand’s recent gains come on the back of several external factors. The global pullback of the US dollar, combined with a slight improvement in local investor sentiment due to South Africa’s political developments, has contributed to the rand hovering around the R18 mark.

   Why is the Rand strengthening? Are we actually seeing progress?

   www.politicalanalysis.co.za/why-is-the-rand-strengthening-are-we-actually-seeing-progress/

   See all results for this question

   Why was South Africa's Rand trading at its strongest level in a month?

   • REUTERS/Siphiwe Sibeko/File Photo Purchase Licensing Rights JOHANNESBURG, March 8 (Reuters) - South Africa's rand was trading at its strongest level in over a month on Friday, after a week of gains supported by surging gold prices. At 1505 GMT, the rand traded at 18.70 against the U.S. dollar , not far from its previous close.

   South African rand set to end week on stronger note | Reuters

   www.reuters.com/world/africa/south-african-rand-set-end-week-stronger-note-2024-03-08/

   See all results for this question

   What happened to the Rand in South Africa?

   • In a research note, Botes said that the rand’s lowest point this year came unexpectedly just over a week into South Africa’s extreme lockdown. The local unit weakened to R19.08/dollar on 6 April 2020.

   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

   What boosted South Africa's Rand?

   • The rand has been boosted by the price of gold, one of South Africa's key exports, which is hovering near a historic high. But local economic data releases this week were broadly negative, with the current account deficit widening more than expected and net foreign reserves falling in February.

   South African rand set to end week on stronger note | Reuters

   www.reuters.com/world/africa/south-african-rand-set-end-week-stronger-note-2024-03-08/

   See all results for this question

   Why is South Africa's Rand hovering around R18?

   • The global pullback of the US dollar, combined with a slight improvement in local investor sentiment due to South Africa’s political developments, has contributed to the rand hovering around the R18 mark. But let’s not get carried away—this is hardly an indication of strong economic fundamentals.

   Why is the Rand strengthening? Are we actually seeing progress?

   www.politicalanalysis.co.za/why-is-the-rand-strengthening-are-we-actually-seeing-progress/

   See all results for this question

   What factors affect the value of a Rand in South Africa?

   • Other factors are also taken into account, including investors’ appetite for risk and a plethora of local and global conditions that play into a particular market’s stability. In South Africa’s case, as an emerging market that is considered high risk, the value of the rand is driven by the whims of the global economy.

   This is the ‘real’ value of the rand right now - BusinessTech

   businesstech.co.za/news/finance/785531/this-is-the-real-value-of-the-rand-right-now-and-why-were-way-off/

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9. www.reuters.com › world › africaSouth African rand set to end week on stronger note | Reuters

   www.reuters.com › world › africa

   Mar 8, 2024 · JOHANNESBURG, March 8 (Reuters) - South Africa's rand was trading at its strongest level in over a month on Friday, after a week of gains supported by surging gold prices. At 1505 GMT, the rand ...