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1. • Rand’s volatility

     • According to Citadel Glodal’s Bianca Botes, the rand’s volatility against the US dollar and other major currencies keeps many South Africans awake at night. Despite strengthening over the last few days, the rand is still trading above R18.00/$.
     businesstech.co.za/news/finance/772317/this-is-what-is-hitting-the-rand-right-now-keeping-south-africans-up-at-night/

     This is what is hitting the rand right now – keeping South ...

2. People also ask

   Why is the South African Rand still trading above R18?

   • According to Citadel Glodal’s Bianca Botes, the rand’s volatility against the US dollar and other major currencies keeps many South Africans awake at night. Despite strengthening over the last few days, the rand is still trading above R18.00/$. The rand is firstly severely impacted by geopolitical events and global economic trends.

   This is what is hitting the rand right now – keeping South Africans up

   businesstech.co.za/news/finance/772317/this-is-what-is-hitting-the-rand-right-now-keeping-south-africans-up-at-night/

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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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   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 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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   What is South Africa's 'fair' value for the Rand?

   • On a PPP basis, the rand should be about R15.00 to the dollar, she said—a position last seen in 2022. According to the Big Mac Index – which tracks PPP in layman’s terms – South Africa’s ‘fair’ value for the rand (taking into account GDP) should be around R11.30 to the dollar.

   The rand is undervalued – this is where it should be, and why it’s

   businesstech.co.za/news/finance/769964/the-rand-is-undervalued-this-is-where-it-should-be-and-why-its-nowhere-close/

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   What factors affect the value of a Rand in South Africa?

   • Other factors are also taken into account, including investors’ appetite for risk and a plethora of local and global conditions that play into a particular market’s stability. In South Africa’s case, as an emerging market that is considered high risk, the value of the rand is driven by the whims of the global economy.

   This is the ‘real’ value of the rand right now - BusinessTech

   businesstech.co.za/news/finance/785531/this-is-the-real-value-of-the-rand-right-now-and-why-were-way-off/

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3. businesstech.co.za › news › financeThis is what is hitting the rand right now – keeping South ...

   businesstech.co.za › news › finance

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   May 17, 2024 · Despite strengthening over the last few days, the rand is still trading above R18.00/$. USD/ZAR (Source: Google) The rand is firstly severely impacted by geopolitical events and global economic...

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

   www.politicalanalysis.co.za › why-is-the-rand

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   Sep 30, 2024 · Sure, the rand has shown some improvement, moving from around R20 to just under R18 to the dollar, but are we really supposed to celebrate that? The recent uptick is more about global factors—like the dollar weakening—than any major turnaround in South Africa’s economy.

5. Videos

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     Secrets of the South African Rand

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     Rand dollar exchange rate and how it affects South Africans: Koketso Mano

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     USD/ZAR, US Dollar/South African Rand, Technical Analysis, (Exotic Pair)

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

   www.businesslive.co.za › bd › markets

   Jun 19, 2024 · 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...

7. www.dailymaverick.co.za › article › 2024/06/18-saSA markets give GNU a thumbs up as rand rallies toward R18/dlr

   www.dailymaverick.co.za › article › 2024/06/18-sa

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   Jun 18, 2024 · The rand raced to its near its best levels so far in 2024, reaching R18.10/dlr from R18.29 in early trade, opening up a clear path to test the waters below 18/dlr. Its strongest 2024 level,...

8. businesstech.co.za › news › financeThe rand is undervalued – this is where it should be, and why ...

   businesstech.co.za › news › finance

   • Cached

   Apr 29, 2024 · According to the Big Mac Index – which tracks PPP in layman’s terms – South Africa’s ‘fair’ value for the rand (taking into account GDP) should be around R11.30 to the dollar. However ...

9. businesstech.co.za › news › financeThis is the ‘real’ value of the rand right now – and why we ...

   businesstech.co.za › news › finance

   • Cached

   Aug 5, 2024 · The mid-year update for the Big Mac Index has dropped, showing what the ‘real’ value of the rand should be based on South Africa’s purchasing power – and why we’re not quite there.

10. www.news24.com › fin24 › marketsRand slams through R18/$ on dollar strength - but EFF jitters ...

    www.news24.com › fin24 › markets

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    Aug 1, 2023 · The rand took a big hit on Tuesday as the dollar advanced – but local factors, including jitters over the EFF, may also be weighing on the currency, analysts say. By late afternoon, the rand lost almost 1.5% against the dollar to trade at R18.17/$.