Search results
May 20, 2024 · The rand had a strong position on Monday when compared to the US dollar and other global currencies. According to Reuters, the rand had its strongest levels since August 2023 and this helped ...
- Vernon Pillay
May 10, 2021 · The South African rand moved below R14 to the dollar on Monday morning (10 May), as it benefited from strong commodity prices, subdued US jobs data, and positive local news. The extended run means ...
Jul 1, 2024 · The rand was firmer on Monday morning, on track for its third day of gains as investors welcomed President Cyril Ramaphosa’s long-awaited announcement of the new cabinet.. Ramaphosa announced ...
May 20, 2024 · 5 min. The rand has perked up of late, defying the prophets of its doom. On Monday, it reached 18.11/dlr, its strongest level in almost 10 months. In April, the currency had slipped to around 19. ...
May 13, 2024 · On Monday, the rand dipped below R18.35/$ – its strongest level since mid-January amid renewed optimism that US rates may be cut, along with subsiding election fears and commodity price strength. By lunchtime, the local currency was trading at around R18.36, from R19.32 almost a month ago. Dollar/rand exchange rate.
The rand started out exceptionally well this week but tanked against the US dollar by Friday. The ZAR was trading at around R17.06 against the dollar at 8.30am on Monday. This incredible rally did ...
Jul 1, 2024 · At 5.55pm, therand had weakened 0.59% to R18.2925/$ and 0.86% to R19.6529/€, while it had strengthened 0.22% to R23.9617/£. The euro was 0.14% firmer at $1.0727. On Monday, Ramaphosa’s ...
People also ask
Why was the Rand a strong position on Monday?
How did the Rand perform in May?
Why did the South African rand move below R14?
Why did the Rand weaken during the day?
How has the Rand changed since August 2023?
Is the Rand on track for a third day of gains?
