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1. businesstech.co.za › news › financeWhat it will take to get the rand under R18 to the dollar

   businesstech.co.za › news › finance

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   Nov 20, 2023 · According to Bishop, the rand weakened to R18.44/USD on Friday (17 November), rebuffed after temporarily breaching the R18/$ mark on Wednesday and reaching R17.95/$. The R18/$ resistance level ...

2. www.businesslive.co.za › bd › marketsRand breaks below R18/$, JSE soars above 81,000 points

   www.businesslive.co.za › bd › markets

   Jun 19, 2024 · 19 June 2024 - 10:53. by Lindiwe Tsobo. The rand broke below R18 to the dollar for the first time since August as the inauguration of president-elect Cyril Ramaphosa and the prospect of a new ...

3. www.businesslive.co.za › bd › marketsRand firms below R18/$ for the first time in a month

   www.businesslive.co.za › bd › markets

   Aug 15, 2024 · Rand firms below R18/$ for the first time in a month. The increasing probability of a rate cut by the US Fed at its September meeting has lifted sentiment towards riskier assets. B L Premium.

4. www.dfa.co.za › south-african-news › sa-can-expectSA can expect more fuel price cuts as rand shows resilience ...

   www.dfa.co.za › south-african-news › sa-can-expect

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   Sep 25, 2024 · Andre Cilliers, currency strategist at TreasuryONE, said earlier this week that the rand will be below the R18 mark this week. “The rand is likely to remain within a R17.40 to R17.70 range in the short term as it tracks international moves but we could see further profit-taking, given the rand’s recent strong run,” Cilliers noted.

   • Author: Vernon Pillay

5. 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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   Andre Cilliers, currency strategist at TreasuryONE said earlier this week that the rand will remain below the R18 mark this week. “The rand is likely to remain within a R17.40 to R17.70 range in ...

   • Author: Vernon Pillay

6. businesstech.co.za › news › financeRand hits under R18 to the dollar – BusinessTech

   businesstech.co.za › news › finance

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   Jun 19, 2024 · Indeed, after briefly moving a few cents below R18.00 on Wednesday (R17.97-R17.99), the local unit was back to R18.02 within minutes. The last time the rand traded under R18.00/$ was July 2023.

7. People also ask

   Will the Rand remain below the R18 mark this week?

   • Andre Cilliers, currency strategist at TreasuryONE said earlier this week that the rand will remain below the R18 mark this week. “The rand is likely to remain within a R17.40 to R17.70 range in the short term as it tracks international moves but we could see further profit-taking, given the rand's recent strong run,” Cilliers noted.

   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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   Did the Rand break through R18?

   • The rand briefly broke through R18 to the dollar last week but couldn’t stick the landing – but there’s still hope the local unit can get stronger.

   What it will take to get the rand under R18 to the dollar

   businesstech.co.za/news/finance/732359/what-it-will-take-to-get-the-rand-under-r18-to-the-dollar/

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   Will the Rand settle under r18.00/$?

   • While the rand’s move toward R18.00/$ is not wholly unexpected—the currency was heading in the direction before the elections as well—Bishop said that it would likely struggle to settle under that level, given that R18.00 is a key resistance level and difficult to break through.

   Rand hits under R18 to the dollar – BusinessTech

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

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   When was the last time the rand traded under R18/$?

   • The last time the rand traded under R18.00/$ was July 2023. In addition to local proceedings with setting up the seventh administration, Bishop said that markets are also focused on the United States and the timing of interest rate cuts. This will keep markets volatile around upcoming data releases in the States, she said.

   Rand hits under R18 to the dollar – BusinessTech

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

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   Is the Rand a good investment?

   • “The rand is likely to remain within a R17.40 to R17.70 range in the short term as it tracks international moves but we could see further profit-taking, given the rand's recent strong run,” Cilliers noted. On Wednesday, the rand hit an intra-day high of R17.12 against the dollar.

   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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8. www.iol.co.za › motoring › industry-newsSouth Africa can expect more fuel price cuts as Rand shows ...

   www.iol.co.za › motoring › industry-news

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   Sep 25, 2024 · Andre Cilliers, currency strategist at TreasuryONE told Reuters earlier this week that the rand will be below the R18 mark this week. “The rand is likely to remain within a R17.40 to R17.70 ...