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Live | What to expect from the #rand right now: Economist DawieRoodt, explains. #economy
Aug 20, 2024 · The rand has shown strong signs of recovery of late and recently it hit the highest level since last year October. Business Day TV discussed whether this mom...
- 6 min
- 113
- BusinessDayTV
Wayne McCurrie from FNB Wealth and Investments analyses Investec's trading update and discusses the rand's current fair value.Petri Redelinghuys of Herenya C...
- 19 min
- 1168
- Moneyweb
Sep 30, 2024 · 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. Inflation is still a looming issue, and ...
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 ...
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 ...
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Why is the Rand so strong?
Why has the Rand risen so much in South Africa?
Why was South Africa's Rand trading at its strongest level in a month?
Why is South Africa's Rand hovering around R18?
Why is the Rand more attractive to global investors?
What boosted South Africa's Rand?
Apr 2, 2022 · South Africans face hiked interest rates and rising inflation. The rand has gained 10% against the dollar since the beginning of the year. The world's economy has been hit hard by the Covid-19 pandemic for the past two years, but it started to recover towards the end of last year. Then came the Russian invasion of Ukraine and the possibility of ...