currencylatest news & developments
Temporary rand stability could leave South African importers and exporters exposed, with finance chiefs being urged to treat currency risk as a corporate governance issue.
RAND

South African businesses warned not to be lulled by rand stability as FX risks grow

South African businesses are being urged to strengthen their foreign exchange risk management as geopolitical tensions, oil prices and global monetary policy create renewed risks…

  • Ashley Lechman
4 min read
Economists say interest rates are likely to rise.
LESETJA KGANYAGO

How much could the Reserve Bank raise rates this week? Economists weigh in

The Fed has raised rates, fuel prices are climbing and the rand is under pressure. What will the Reserve Bank do?

  • Ashley Lechman
4 min read
Discover how the South African rand continues to demonstrate resilience against a backdrop of global economic uncertainties and evolving geopolitical tensions, potentially redefining the currency's future.
RAND

Rand trades below R16 to the dollar as weaker US currency supports gains

Discover how the South African rand continues to demonstrate resilience against a backdrop of global economic uncertainties and evolving geopolitical tensions, potentially…

  • Ashley Lechman
3 min read
The South African rand has demonstrated impressive resilience this week, rallying to R16.14 against the US dollar. This movement comes amidst a backdrop of mixed performances in global indices, as investors digest the latest insights from the Federal Open Market Committee (FOMC) minutes. Explore how these developments impact the financial landscape in South Africa and beyond.
RAND

South African rand shows resilience against the US dollar

The South African rand has demonstrated impressive resilience this week, rallying to R16.14 against the US dollar. This movement comes amidst a backdrop of mixed performances in…

  • Ashley Lechman
3 min read