exchange ratelatest 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
Brent crude rose above $105 a barrel as attacks on shipping and renewed Middle East hostilities heightened fears of supply disruptions, with possible consequences for South African fuel prices.
CRUDE

Brent crude rises above $105 as Middle East shipping attacks intensify

Brent crude rose above $105 a barrel as attacks on shipping and renewed Middle East hostilities heightened fears of supply disruptions.

  • Ashley Lechman
4 min read
As Brent crude prices rise amidst geopolitical tensions, how will local currencies and commodities respond to the shifting economic landscape? Read on to find out more about market trends and what traders can expect in the coming week.
OIL PRICE

Oil gains while gold falls after strong US jobs data

Brent crude rose above $96 a barrel as US-Iran tensions raised supply concerns, while gold fell after stronger US jobs data reinforced expectations of higher US interest rates.

  • Ashley Lechman
3 min read