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

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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

2. 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 ...

3. www.politicalanalysis.co.za › why-is-the-randWhy is the Rand strengthening? Are we actually seeing ...

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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 ...

4. 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 ...

5. www.iol.co.za › business › adviceThe rand reaches new heights and is trading below R17.40 ...

   www.iol.co.za › business › advice

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   Sep 23, 2024 · Andre Cilliers, currency strategist at TreasuryONE told Reuters 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 ...

   • Author: Vernon Pillay

6. www.moneyweb.co.za › news › marketsRand rallies: Breaks through R18/$ mark - Moneyweb

   www.moneyweb.co.za › news › markets

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   Jun 19, 2024 · On Wednesday, the South African rand broke through the R18 threshold for the first time since July 2023. At 5pm, the rand was trading at R17.98 against the dollar — 0.35% up from the previous day.

7. People also ask

   Will the Rand be below the R18 Mark?

   • Andre Cilliers, currency strategist at TreasuryONE told Reuters 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.

   The rand reaches new heights and is trading below R17.40 against ... - IOL

   www.iol.co.za/business/advice/the-rand-reaches-new-heights-and-is-trading-below-r1740-against-the-dollar-ae83c60e-0461-4c7a-932b-5b49741540be

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   Why did the Rand break below R18?

   • 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 “market-friendly” government lifted sentiment. Market participants will focus on Ramaphosa being sworn in as president later in the day while awaiting the appointment of government officials...

   Rand breaks below R18/$, JSE soars above 81,000 points

   www.businesslive.co.za/bd/markets/2024-06-19-rand-breaks-below-r18-jse-soars-above-81000/

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   Why is South Africa's Rand hovering around R18?

   • 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.

   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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   Is the Rand trading between R17 & R18?

   • Andre Cilliers, currency strategist at TreasuryOne, told Moneyweb that, given the wave of optimism, he foresees the rand trading between R17.50 and R18.50 for the rest of the year. In July last year, the rand reached R17.60 against the dollar before breaking again through the R18 level at the end of the same month.

   Rand rallies: Breaks through R18/$ mark - Moneyweb

   www.moneyweb.co.za/news/markets/rand-rallies-breaks-through-r18-mark/

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   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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   Will the Rand hit the R17 Mark?

   • Kavir Surujhlal, a sales trader at IG Group told Reuters on Wednesday that the rand’s strength may continue and hit the R17 mark. "The momentum is likely to continue in favour of our local currency with there being little resistance until the R17/$ psychological level," Surujhlal added.

   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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8. 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.