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Explainer - Why Does the Rand Exchange Rate Matter
The Reserve Bank points out that inflation is lower thanks to the strength of the rand In his quarterly statement on Thursday ...
South Africans reacted after the Rand strengthened against the dollar, debating bank influence, global politics and how currency shifts affect daily spending.
The USD/ZAR exchange rate continued its strong downward trend, reaching its lowest level since June 2022. What next for the ...
The currency touched levels under R16/$ during early trade, extending a recovery that has seen the rand gain significantly ...
South Africa’s rand strengthened past 16 per dollar for the first time in almost four years, extending a rally fueled by ...
If the Reserve Bank is optimistic about the rand’s current levels, it might move the interest rate cut forward to Thursday, from the currently expected March.
JOHANNESBURG, May 3 (Reuters) - The South African rand gained on Wednesday ahead of a Federal Reserve interest rate announcement that will set the tone for markets globally. The dollar was last down ...
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