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The South African rand held most of the previous day's gains in early trade on Friday, after the central bank stressed its ...
USD/ZAR strengthened on Friday as the rand weakened under pressure from a stronger U.S. dollar and growing investor ...
JOHANNESBURG – South Africa’s rand pared some of its earlier losses against the dollar on Thursday after the central bank kept domestic interest rates unchanged, but sounded a hawkish tone ...
USD/ZAR traded in tight range on Wednesday as South African rand firmed ahead of the central banks interest rate decision.
These will tell us if the Bank has been in the market. If so, the rand rally will need to be questioned ... we have run very far, very fast. But there's no sign of a base yet," he added.
The rand weakened early on Friday after the central bank cut interest rates on Thursday and signalled it may have reached the end of its easing cycle. At 0645 GMT the rand was up 0.03% to R16.67 ...
Rand Merchant Bank, the investment banking arm of South African group FirstRand, has set up in Nairobi to target large and medium-sized Kenyan firms and expand its presence in fast-growing east ...
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