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1. businesstech.co.za › news › financeHere’s what is boosting the rand right now – as it hits R14 ...

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   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 ...

2. businesstech.co.za › news › financeThis is what’s influencing the rand right now – BusinessTech

   businesstech.co.za › news › finance

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   Oct 5, 2020 · The rand has been surprisingly strong since early April with a few reversals along the way, says Bianca Botes, executive director at Peregrine Treasury Solutions. This is what’s influencing the ...

3. finance.yahoo.com › news › rand-gains-sarb-poisedRand Gains as South Africa Rate Cut, Weak Dollar Lifts Sentiment

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   Sep 19, 2024 · (Bloomberg) -- The rand strengthened Thursday, as sentiment was boosted by the dollar’s pullback and South Africa’s first interest-rate cut in four years.Most Read from BloombergAOC Proposes ...

   • Author: Colleen Goko

4. www.reuters.com › world › africaSouth African rand strengthens further after strong week of ...

   www.reuters.com › world › africa

   Jun 9, 2023 · JOHANNESBURG, June 9 (Reuters) - South Africa's rand strengthened further on Friday after a strong week of gains boosted by encouraging economic data at home. At 1508 GMT, the rand traded at 18. ...

5. www.reuters.com › markets › south-african-randSouth African rand gains as risk sentiment improves | Reuters

   www.reuters.com › markets › south-african-rand

   Jul 8, 2024 · JOHANNESBURG, July 8 (Reuters) - The South African rand strengthened on Monday, as risk sentiment improved on bets that an interest rate cut by the U.S. Federal Reserve is close. At 1504 GMT, the ...

6. www.reuters.com › markets › south-african-randSouth African rand boosted by weaker US jobs data | Reuters

   www.reuters.com › markets › south-african-rand

   May 3, 2024 · The South African rand was stronger on Friday after U.S. nonfarm payrolls grew less than expected in April, boosting hopes that the Federal Reserve could cut interest rates soon.

7. People also ask

   What boosted the Rand?

   • (Waldo Swiegers/Photographer: Waldo Swiegers/Blo) (Bloomberg) -- The rand strengthened Thursday, as sentiment was boosted by the dollar’s pullback and South Africa’s first interest-rate cut in four years. The currency pared earlier stronger gains, however, to trade 0.4% higher at at 17.4846 per dollar by 5:30 p.m. in Johannesburg.

   Rand Gains With SARB Poised For First Rate Cut in Four Years

   www.bnnbloomberg.ca/investing/2024/09/19/rand-gains-with-sarb-poised-for-first-rate-cut-in-four-years/

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   Why was the South African rand stronger on Friday?

   • JOHANNESBURG, May 3 (Reuters) - The South African rand was stronger on Friday after U.S. nonfarm payrolls grew less than expected in April, boosting hopes that the Federal Reserve could cut interest rates soon. At 1516 GMT, the rand traded at 18.5100 to the dollar , about 0.3% stronger than its previous close.

   South African rand boosted by weaker US jobs data | Reuters

   www.reuters.com/markets/south-african-rand-boosted-by-weaker-us-jobs-data-2024-05-03/

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   Why did South Africa's Rand rise Thursday?

   • (Bloomberg) -- The rand strengthened Thursday, as sentiment was boosted by the dollar’s pullback and South Africa’s first interest-rate cut in four years. Most Read from Bloomberg The currency pared earlier stronger gains, however, to trade 0.4% higher at at 17.4846 per dollar by 5:30 p.m. in Johannesburg.

   Rand Gains as South Africa Rate Cut, Weak Dollar Lifts Sentiment

   finance.yahoo.com/news/rand-gains-sarb-poised-first-055705010.html

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   Why did the South African rand move below R14?

   • 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 that the local currency is now at a 16-month high against the greenback.

   Here’s what is boosting the rand right now – as it hits R14 to the

   businesstech.co.za/news/finance/489197/heres-what-is-boosting-the-rand-right-now-as-it-hits-r14-to-the-dollar/

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   What happened to the Rand in South Africa?

   • In a research note, Botes said that the rand’s lowest point this year came unexpectedly just over a week into South Africa’s extreme lockdown. The local unit weakened to R19.08/dollar on 6 April 2020.

   This is what’s influencing the rand right now - BusinessTech

   businesstech.co.za/news/finance/438097/this-is-whats-influencing-the-rand-right-now/

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   What drives the Rand?

   • The rand often takes cues from global drivers like U.S. monetary policy in addition to major local data points. On the stock market, both the Top-40 (.JTOPI) and broader all-share (.JALSH) indexes closed around 0.5% higher. South Africa's benchmark 2030 government bond also rose, with the yield down 3 basis points to 10.605%.

   South African rand boosted by weaker US jobs data | Reuters

   www.reuters.com/markets/south-african-rand-boosted-by-weaker-us-jobs-data-2024-05-03/

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8. www.bnnbloomberg.ca › investing › 2024/09/19Rand Gains as South Africa Rate Cut, Weak Dollar Lifts ...

   www.bnnbloomberg.ca › investing › 2024/09/19

   Sep 19, 2024 · (Bloomberg) -- The rand strengthened Thursday, as sentiment was boosted by the dollar’s pullback and South Africa’s first interest-rate cut in four years. The currency pared earlier stronger gains, however, to trade 0.4% higher at at 17.4846 per dollar by 5:30 p.m. in Johannesburg.