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1. businesstech.co.za › news › financeThe rand is undervalued – this is where it should be, and why ...

   businesstech.co.za › news › finance

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   Apr 29, 2024 · According to the Big Mac Index – which tracks PPP in layman’s terms – South Africa’s ‘fair’ value for the rand (taking into account GDP) should be around R11.30 to the dollar. However ...

2. www.thesouthafrican.com › news › business-news-andRand Report: Rand slips after two weeks of strong gains

   www.thesouthafrican.com › news › business-news-and

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   Oct 1, 2024 · This past week, the rand showed strength and volatility, with the USD/ZAR rate dropping from R17.92 to R17.06 by September 2024. The South African rand slipped on Monday, pausing after two weeks ...

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     South African rand falls to its lowest in 2019

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     South African rand's downfall accelerates | WION

     May 18, 2023

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     Secrets of the South African Rand

     Apr 27, 2019

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4. www.reuters.com › markets › currenciesSouth African rand firms as focus shifts to inflation print ...

   www.reuters.com › markets › currencies

   17 hours ago · South Africa's rand firmed against a weaker dollar on Friday, ahead of a domestic inflation reading next week which could provide clues on the central bank's rate-cutting path.

5. 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 · The difference between this and the actual exchange rate, R18.19 at the time The Economist did the study (31 July), suggests the South African rand is 49.9% undervalued – the 5th most under ...

6. www.iol.co.za › business › adviceFrom a R17.06 high last week, volatile South African rand ...

   www.iol.co.za › business › advice

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   Oct 9, 2024 · TheSouth African rand was trading at around R17.06 against the dollar at 8.30am on Monday last week. This incredible rally did not last long, and on Wednesday, the rand was trading looking ...

7. www.thesouthafrican.com › news › business-news-andRand Report: Rand faces volatility amid global tensions and ...

   www.thesouthafrican.com › news › business-news-and

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   Oct 8, 2024 · The South African rand started the week at R17.07 to the US dollar, hitting a 20-month high following a stretch of consistent gains. By Sable International 08-10-24 14:26

8. People also ask

   Why is the rand falling?

   • History shows the rand tends to decline sharply when the world’s economic engine is in recession. The rand weakened past 17 per dollar on Monday as the South African currency’s resilience is tested by fears of a US recession even as local fundamentals remain supportive.

   Rand weakens past R17 per dollar as US recession fears mount

   www.moneyweb.co.za/news/economy/rand-weakens-past-r17-per-dollar-as-us-recession-fears-mount/

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   Why did the South African rand Fall?

   • The rand weakened past 17 per dollar on Monday as the South African currency’s resilience is tested by fears of a US recession even as local fundamentals remain supportive. History shows the rand tends to decline sharply when the world’s economic engine is in recession.

   Rand weakens past R17 per dollar as US recession fears mount

   www.moneyweb.co.za/news/economy/rand-weakens-past-r17-per-dollar-as-us-recession-fears-mount/

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   Why is the South African rand weakening?

   • The weakening rand is being driven by fears of a U.S recession as well as domestic and other global economic factors South African rand banknotes. Picture: Cindy Archillies/Eyewitness News. The rand weakened past R17 to the dollar on Monday, as the U.S economy appears to be showing signs of heading into a recession.

   Rand weakens to beyond R17 against the Dollar amid fears of ... - Cape…

   www.capetalk.co.za/articles/449464/rand-weakens-to-beyond-r17-against-the-dollar-amid-fears-of-a-u-s-recession

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   Why did the Rand drop in recent weeks?

   • Not coincidentally, the rand’s drop in recent weeks has tracked a slump in prices of industrial metals. While a global recession could weigh on oil prices, which would benefit energy importers like South Africa from a balance-of-payments point of view, that’s only half the story, according to Nedbank Group Ltd.

   Rand weakens past R17 per dollar as US recession fears mount

   www.moneyweb.co.za/news/economy/rand-weakens-past-r17-per-dollar-as-us-recession-fears-mount/

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   Is the South African rand undervalued?

   • Using this direct comparison in pricing, the implied exchange rate of the rand is R9.12. The difference between this and the actual exchange rate, R18.19 at the time The Economist did the study (31 July), suggests the South African rand is 49.9% undervalued – the 5th most under-valued currency in the analysis.

   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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   Why did the rand Fall on Thursday?

   • But most of the gains had been reversed by the end of the day. Its fall on Thursday was likely due to global rather than local factors, said Danny Greeff, an analyst at ETM Analytics. "The extent of the rand's retreat is somewhat puzzling, but speaks to its lack of resilience to external shifts in market sentiment," he said.

   South African rand falls sharply, tracking dollar | Reuters

   www.reuters.com/world/africa/south-african-rand-firms-fails-hold-post-budget-gains-2024-02-22/

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9. www.reuters.com › world › africaSouth African rand falls sharply, tracking dollar | Reuters

   www.reuters.com › world › africa

   Feb 22, 2024 · South Africa's rand weakened sharply on Thursday, reversing all of its gains and more from the previous day's budget speech as the currency followed the direction of the U.S. dollar.