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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.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

3. 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

4. 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

5. 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.

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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   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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   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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   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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8. www.pressreader.com › south-africa › cape-argusMore fuel price cuts expected after rand gains - PressReader

   www.pressreader.com › south-africa › cape-argus

   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.