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SA Reserve Bank expects volatile rand in 2019Daniel Mminele said the bank expected the rand to average 14.50 against the dollar but trade would be volatile, forcing the monetary policy committee to remain flexible in its responses.
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 »
Rand surge raises hopes Reserve Bank won’t raise rates any time soonThe South African currency has outperformed all of its emerging-market peers in January, having gained 7.35% against the dollar, compared to the Russian rouble’s 5.64% appreciation.
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 »
#Rand Report: Rand firms on US rate expectations, stocks climb
Source: ewnupdates - 🏆 30. / 53 Read more »
Currency uncertainty will add complexity to monetary policy, warns Reserve BankDeputy Reserve Bank governor Daniel Mminele cites continued tightening in global financial conditions, a change in investor sentiment towards emerging markets, escalating trade conflicts, and geopolitical developments as key risks to the rand Volatile as long as you have Malema and Ramaphosa calling for the death of whites
Source: TimesLIVE - 🏆 28. / 59 Read more »
Rand flat in early trade ahead of trade balance figuresThe rand was flat early on Friday, giving up its small overnight gains as renewed jitters about the impact on global growth of the simmering trade war between China and the United States kept investors on the sidelines.
Source: ewnupdates - 🏆 30. / 53 Read more »
Rand edges higher in early tradeInvestors remain skittish on the rand as escalating worries about slowing global growth and the US-Sino trade war tensions continue to be the focus.
Source: ewnupdates - 🏆 30. / 53 Read more »
Rand edges weaker in cautious early tradeThe rand has battled to hold below the psychological R14.00 resistance level after a rally last week spurred by a dollar plunge and political chaos in Britain that boosted most emerging market currencies.
Source: ewnupdates - 🏆 30. / 53 Read more »
Rand firms in early tradeThe rand firmed against the dollar in early trade on Monday, even though risk sentiment remained fragile as investors looked to the G20 meeting this week for signs of a thaw in the Sino-US trade spat.
Source: ewnupdates - 🏆 30. / 53 Read more »