General dollar weakness amid a US naval blockade of Venezuela sent gold and platinum to new all-time highs, further ...
As the rand hovers around R18 to the dollar, experts predict a potential drop to R17. 75, driven by upcoming National Budget announcements. After starting the day at R18. 01 to the dollar, the South ...
South Africa’s new lower inflation target is giving the rand fresh momentum, with policymakers and analysts agreeing it could ...
JOHANNESBURG, May 21 (Reuters) - The rand weakened against the dollar early on Wednesday with bears looking to push the South African currency past a two-week low although trade would be influenced by ...
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Rand strengthens as gold shines and investors eye year’s final economic data
The rand strengthened on Monday, supported by higher gold prices as local investors look towards the year’s last pieces of ...
JOHANNESBURG, May 30 (Reuters) - The South African rand hit a record low on Tuesday on the back of a strengthening dollar and souring local investor sentiment that has seen massive capital outflows ...
Gold was trading at $4,496.86 an ounce, while oil was higher at 62.81$ a barrel.
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