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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 ...
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 ...
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 ...
- Vernon Pillay
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.
- Vernon Pillay
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.
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 ...
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Sep 26, 2024 · Andre Cilliers, currency strategist at TreasuryONE, told Reuters that the rand would be below the R18 mark this week. “The rand is likely to remain within a R17.40 to R17.70 range in the shortterm as it tracks international moves but we could see further profit-taking, given the rand’s recent strong run,” Cilliers said.