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Zimbabwe plans new currency as dollar shortage bites - Finance MinsterThe southern African nation abandoned its own hyperinflation-wrecked currency in 2009 at the height of an economic recession, adopting the greenback and other currencies including sterling and the South African rand.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Rand flat in early tradeThe rand was helped by optimism following trade talks between the United States and China, while the dollar remained under pressure after Federal Reserve policymakers signalled they were becoming more cautious about future interest rate hikes.
Source: ewnupdates - 🏆 30. / 53 Read more »
Rand slips in early tradeSimilar falls were seen in other emerging market currencies like the Russian rouble and Turkish lira.
Source: ewnupdates - 🏆 30. / 53 Read more »
Rand steady in early tradeThe rand traded steady against the dollar on Friday, after slipping in the previous session following the central bank’s less-hawkish tone and decision to leave interest rates unchanged.
Source: ewnupdates - 🏆 30. / 53 Read more »
Rand recovers from knee-jerk reaction to rate announcementAfter weakening to R13.83/$ on Thursday after Lesetja Kganyago said the inflation outlook had improved, the rand was back under R13.70/$ on Friday morning
Source: BDliveSA - 🏆 12. / 63 Read more »
Rand marginally lower ahead of rates decisionAll 27 economists polled by Reuters had predicted the central bank would keep the rate unchanged at 6.75%, but said a hike was likely in May due to rising inflation.
Source: ewnupdates - 🏆 30. / 53 Read more »
Rand softer ahead of Reserve Bank decisionThe central bank is expected to keep rates on hold in its first decision for 2019, even as Brexit uncertainty persists
Source: BDliveSA - 🏆 12. / 63 Read more »
Ex-pharmacist bust for allegedly turning West Rand farm into drug lab | The StarPolice swooped on the Stynvlei plot in Muldersdrift and arrested four people on drug manufacturing charges
Source: IOL - 🏆 46. / 51 Read more »
Rand reverses overnight gains despite progress in US-China trade talksRenewed optimism is evident in US and Asian markets as China is set to meet US officials in Washington later this month
Source: BDliveSA - 🏆 12. / 63 Read more »
Rand weaker on less hawkish Reserve Bank stanceThe rand was weaker on Friday, a day after the central bank adopted a less hawkish tone at its monetary policy meeting. This is what Media was tolled to do SAReserveBank when ever Nationalisation is discussed. 😂😂😂
Source: eNCA - 🏆 49. / 51 Read more »