rand

  1. Chris

    Rand strengthens with R14.00 to US Dollar

    Rand strengthens with R14.00 to US Dollar The rand has broken through R14.00 to the US Dollar and is trading at levels last seen in January 2020. The rand was one of the currencies which were the hardest hit after the COVID-19 pandemic started to spread around the world. The local currency...
  2. Hanno Labuschagne

    Rand expected to weaken

    Rand expected to weaken The good news for the rand is that commodity prices are hovering near an eight-year high. The bad news is that raw materials matter less for South Africa’s currency than movements in U.S. Treasury yields. The correlation between the Bloomberg Industrial Metals Sub-Index...
  3. J

    Rand breaks through R15.00 to the US dollar

    Rand breaks through R15.00 to the US dollar The rand has strengthened significantly over the past few weeks and has broken through R15.00 to the US Dollar for the first time since the COVID-19 pandemic hit. After the coronavirus pandemic hit the world, the rand, along with many other emerging...
  4. J

    Rand hits R17.03 against US dollar

    Rand hits R17.03 against US dollar South Africa’s rand breached its weakest closing level on record on Wednesday as investors priced in the probability of a central-bank rate cut amid the global risk sell-off. The currency of Africa’s most-industrialized country weakened as much as 2.5% to...
  5. J

    Big drop in the rand coming soon - Analyst

    Big drop in the rand coming soon - Analyst South Africa’s rand is most vulnerable to the rise in U.S. Treasury rates among its emerging-market peers, according to Morgan Stanley, which predicts further weakness for the battered currency as the country’s finances deteriorate. The rand may...
  6. Kevin Lancaster

    Rand breaks through R13 to US dollar

    Rand breaks through R13 to US dollar The rand has strengthened to below R13/USD for the first time since President Jacob Zuma fired former finance minister Pravin Gordhan.
  7. Kevin Lancaster

    Prices in South Africa – 2007 vs 2017

    Prices in South Africa – 2007 vs 2017 10 years ago, the rand was much stronger than what it is today and South Africans paid far less for imported goods.
  8. Kevin Lancaster

    The Zuma Effect – Rand goes from best to worst-performing currency in the world

    The Zuma Effect – Rand goes from best to worst-performing currency in the world Until a week ago, the rand was the world’s best-performing currency, according to Bloomberg.
  9. Kevin Lancaster

    Zuma magic – from R12.33 to R13.92 in a week

    Zuma magic – from R12.33 to R13.92 in a week On Monday, ratings agency S&P Global downgraded South Africa’s sovereign credit rating to junk status – which resulted in the rand weakening against major currencies.
  10. Kevin Lancaster

    Rand hammered after South Africa gets junk status

    Rand hammered after South Africa gets junk status The rand is being pummelled following the news that S&P Global downgraded South Africa’s sovereign debt rating to junk status, with a negative outlook.
  11. Kevin Lancaster

    How the rand is destroyed every time a South African official opens their mouth

    How the rand is destroyed every time a South African official opens their mouth South African politicians fighting for power have battered the rand into submission.
  12. Kevin Lancaster

    The weak rand means slower computers in South Africa

    The weak rand means slower computers in South Africa The weak rand means South Africans have to pay more for computer equipment, resulting in slower laptops and PCs gaining popularity.
  13. Kevin Lancaster

    Weak rand and movie price hikes in South Africa

    Weak rand and movie price hikes in South Africa Ster-Kinekor has answered questions on how the weak rand will affect its annual price adjustments.
  14. Kevin Lancaster

    Rand breaks through R15/$

    Rand breaks through R15/$ The rand has broken through R15 to the US dollar – the first time the rand has traded at these levels since Zuma fired former finance minister Nhlanhla Nene.
  15. Kevin Lancaster

    How the rand’s value changed after each budget speech – from 2006 to 2016

    How the rand’s value changed after each budget speech – from 2006 to 2016 The rand’s value declined sharply after Finance Minister Pravin Gordhan’s recent budget speech.
  16. Kevin Lancaster

    Rand falls sharply after 2016 budget speech

    Rand falls sharply after 2016 budget speech Finance Minister Pravin Gordhan has delivered his 2016 budget speech to Parliament, after which the rand weakened against the US Dollar.
  17. Kevin Lancaster

    What the South African rand should be worth

    What the South African rand should be worth AlphaWealth’s Andrew Flavell has stated what that the rand’s value against the US dollar should be.
  18. Kevin Lancaster

    Rand heading for R17 to the US dollar

    Rand heading for R17 to the US dollar The rand was on the backfoot on Wednesday ahead of inflation data due at 10:00 and as the oil turmoil continued on renewed oversupply fears.
  19. Kevin Lancaster

    Rand breaks through R16 to US Dollar

    Rand breaks through R16 to US Dollar The rand has once again breached the R16/USD level, which is bad news for the price of technology products in South Africa.
  20. J

    Rand coming to Steam - there goes the neighbourhood?

    Just saw a mail saying that prices will now be quoted in Rand. Do you suppose this will be on the fly conversion? Or actual South Africa related pricing? (Example: I wanted a game that was charged in Euro's, Pounds and Dollars. I bought it in dollars, and due to the rate at that time...
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