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The rand steadied as South Africa’s currency tracks developments affecting its biggest export partner China, which is ramping up support for the yuan.. The rand fluctuated between gains and ...
South Africa’s currency is on track for its biggest weekly gain of 2023, following Thursday’s larger-than-expected interest rate hike. For Nomura, this is just the beginning of the rally.
JOHANNESBURG, Dec 14 (Reuters) - South Africa's rand was unchanged in early deals on Thursday, ahead of a slew of local economic data points that could provide fresh clues on the health of the ...
Feb 16 (Reuters) - The rand has lost 8.5% in value to the U.S. dollar since Jan. 12 and hit a low point of 18.1025 Wednesday, a USD/ZAR level not seen since Nov. 4. A large depreciation in a short ...
The South African rand has strengthened to its highest level in five weeks, buoyed by Eskom's optimistic power outlook for the winter months, despite ongoing challenges in the energy sector.
JOHANNESBURG, Oct 30 (Reuters) - The South African rand rose on Monday at the start of a data-heavy week that includes the government's midterm budget statement. At 1505 GMT, the rand traded at 18 ...
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