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South African Rand Declines to Six-Year Low on Credit Turmoil

The carry trade is gradually coming to an end: South Africa's rand fell to the lowest in almost six years against the U.S. dollar as investors abroa[...] read more »
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Rand Jumps on Positive News from Europe

It looks like the European leaders have reached consensus about some questions they were discussing during their meetings. The signs of progress in r[...] read more »
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Currency Blog: Sterling falls to 2 and a half year low against the rand following British budget

Sterling falls to 2 and a half year low against the South African rand read more »
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Rand Gains as German GDP Posts Annual Growth

The South African rand advanced today, rising for the third consecutive trading session, after the report showed that German economy grew in the last[...] read more »
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Rand Tumbles on Speculation that Central Bank Buys Dollars

The South African rand slumped today after two days of gains on the speculation that the central bank bought dollars to keep the currency from apprec[...] read more »
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China’s Manufacturing Bolsters Rand

China’s manufacturing growth also bolstered the South African rand as it has increased the appeal of the higher-yielding currencies. read more »
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Carry Trade Makes South Africa’s Rand Stronger

The South African rand strengthened today against the US dollar on the speculation that the carry trade would persist, increasing the capital inflows[...] read more »
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Rand Goes Down as 1.3 Million Government Workers Go to Strike

The South African rand fell today after a week of gains versus the US dollar as the nation’s economy may deteriorate after as much as 1.3 million gov[...] read more »
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South Africa’s Rand Gains for Fourth Day on High Interest Rates

The South African rand climbed today, posting the fourth straight day of gains, to the highest level in three years versus the US dollar as the inves[...] read more »
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Fears About Europe Again Hit Forex, Rand Feels Impact

The South African rand dropped today as the concerns about the sovereign-debt crisis in Europe reminded about itself by dissipating risk appetite amo[...] read more »
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Rand Advances vs. Dollar on Economic Growth

The South African rand rose today against the US dollar as the nation’s economic recovery remains strong, while the US recovery is stalling. read more »
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Rand Weakened by Unfavorable Jobs Data & Declining Gold

The South African rand fell today against the U.S. dollar on the outlook for the unfavorable jobless rate to remain without much improvement and as t[...] read more »
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South African Rand Falls on Greek Crisis, Trims Losses

The South African rand dropped today as the disagreement of the European Union leaders about the bailout for Greece reduced appeal of riskier currenc[...] read more »
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Rand Goes Lower as Moody Changes Outlook to Negative

The South African Rand slipped today as Moody’s Investor Service set the credit rating of South Africa to negative, reducing appeal of the nation’s c[...] read more »
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Rand Falls to Lowest at Three Weeks as Head of Roads Agency Resign

The South African rand dropped today to the three-week low after head of the national roads agency resigned, spurring talks that South Africa’s budge[...] read more »
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