Press Room | RAND
Nov 1, 2024 · The RAND Newsroom features topics that are in the news and relevant to current public policy debate, including commentary by RAND policy experts, press releases, events, and congressional testimony.
Rand crashes through R18/$ as Trump trades ramp up
21 hours ago · The US dollar rose toward a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued to pile into trades seen as benefiting from the incoming Donald Trump administration. The rand broke through R18/$ for the first time in three months on Tuesday morning. It has now lost 3% over the past week.
South African rand gains as markets brace for US election ...
Nov 4, 2024 · At 1522 GMT, the rand traded at 17.50 against the U.S. dollar , about 0.9% stronger than its previous close. The dollar last traded about 0.3% weaker against a basket of currencies. As the world's ...
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South African rand extends gains after unity government ...
JOHANNESBURG, June 18 (Reuters) - South Africa's rand was slightly stronger in early trade on Tuesday, building on gains after unity government members were confirmed last week and ahead of...
South African rand gains as ANC and DA clinch unity ...
JOHANNESBURG, June 14 (Reuters) - South Africa's rand gained on Friday after the Democratic Alliance said a deal had been struck with the African National Congress to form a unity government.
Why the rand is bleeding - and could now hit R19/$ - News24
May 10, 2023 · The rand weakened to its worst level in three years and yields on local-currency bonds rose as concerns over South Africa’s continuing energy shortage and deteriorating economic outlook intensify among investors.
How can SA businesses maximise the benefits of a strong rand?
1 day ago · Embracing certainty. “Business is inherently risky, especially in an economy as volatile as South Africa’s,” Scherzer concludes. “Businesses should welcome anything that reduces or even ...
Water outages expected in Sandton, Midrand and Tshwane amid ...
Jul 15, 2024 · The second phase of Rand Water's maintenance, affecting the Palmiet pump station, began on Monday. The impact will be felt in Johannesburg, Ekurhuleni, Tshwane and Madibeng. Full recovery is expected to take several days …