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1. 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 ...

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

   www.iol.co.za › business › advice

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   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 ...

   • Author: Vernon Pillay

3. Videos

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     Rand strengthens below 19 to U.S. dollar as rolling blackouts ease

     Jun 8, 2023

     1.8K Views

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     4:28

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     SA Rand vs the US Dollar: Brigid Taylor

     Aug 20, 2015

     2.4K Views

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     2:18

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     Rand bounces back against the U.S. dollar

     Apr 28, 2017

     623 Views

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4. businesstech.co.za › news › financeRand hits under R18 to the dollar - BusinessTech

   businesstech.co.za › news › finance

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   Jun 19, 2024 · Staff Writer. · 19 Jun 2024. The South African rand hit its strongest level in almost a year, trading at R18 to the dollar on Wednesday (19 June), with the country is moving towards an official ...

5. www.reuters.com › world › africaSouth African rand strengthens further after strong week of ...

   www.reuters.com › world › africa

   Jun 9, 2023 · JOHANNESBURG, June 9 (Reuters) - South Africa's rand strengthened further on Friday after a strong week of gains boosted by encouraging economic data at home. At 1508 GMT, the rand traded at 18. ...

6. www.moneyweb.co.za › financial-advisor-views › isIs the rand strengthening or the dollar weakening? - Moneyweb

   www.moneyweb.co.za › financial-advisor-views › is

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   May 22, 2024 · Taking advantage of the strong rand now allows for strategic positioning before the anticipated long-term depreciation. This conversion can provide a hedge against future declines and benefit from ...

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/

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   What boosted the Rand?

   • (Waldo Swiegers/Photographer: Waldo Swiegers/Blo) (Bloomberg) -- The rand strengthened Thursday, as sentiment was boosted by the dollar’s pullback and South Africa’s first interest-rate cut in four years. The currency pared earlier stronger gains, however, to trade 0.4% higher at at 17.4846 per dollar by 5:30 p.m. in Johannesburg.

   Rand Gains With SARB Poised For First Rate Cut in Four Years

   www.bnnbloomberg.ca/investing/2024/09/19/rand-gains-with-sarb-poised-for-first-rate-cut-in-four-years/

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   How strong is the Rand?

   • The rand was trading around R19.16 to the euro and R22.95 to the pound. The strength the rand has shown over the last few weeks has yet to be seen since February 2023 and could be attributed to interest rate cuts by the South African Reserve Bank (SARB) and US Federal Reserve last week. Will this continued rally continue?

   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

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   Why is the Rand still positive in South Africa?

   • Cilliers argued that this continued positive sentiment toward the rand has been generated by investor sentiment in the formation and continued success of the Government of National Unity (GNU). There have also been calls by President Cyril Ramaphosa for more foreign investment in South Africa.

   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

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   What happened to South Africa's Rand?

   • The South African rand hit its strongest level in almost a year, trading at R18 to the dollar on Wednesday (19 June), with the country is moving towards an official Government of National Unity and only a few more steps remain.

   Rand hits under R18 to the dollar – BusinessTech

   businesstech.co.za/news/finance/777682/rand-hits-r18-to-the-dollar/

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   Why was South Africa's Rand stronger in early trade?

   • REUTERS/Mike Hutchings/Illustration/File Photo Purchase Licensing Rights JOHANNESBURG, June 18 (Reuters) - 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 later in the day.

   South African rand extends gains after unity government confirmed, Fed

   www.reuters.com/world/africa/south-african-rand-extends-gains-after-unity-government-confirmed-fed-talks-2024-06-18/

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

   www.bnnbloomberg.ca › investing › 2024/09/19

   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 ...