Browsing: Rand

South African local currency unit, the rand, strengthened against crosses – the US dollar, the European

The South African rand slid against major currencies as the World Bank reduced its estimate of the country’s 2026 gross domestic product (GDP) growth.

The South African rand is trading flat against crosses on Monday as a surprise US May jobs report fueled a broad dollar rally and crushed emerging-market currencies.

The South African Rand is trading steady against the US dollar and other crosses on Friday, while the latest report shows that the country’s foreign reserves fell due to weaker gold prices.

South African Rand (ZAR) stabilises against crosses on Thursday after the local unit struggled to hold value against the US dollar amid strengthening geopolitical tensions.

South African rand (ZAR) is trading steady against crosses on Wednesday as oil prices continue to ease in the global commodity market ahead of the purchasing manager index (PMI) report to be released by S&P Global.

South African Rand Strengthens on Softer US Dollar, Bonds Rally The South African rand gained strength against Western currencies on…

Rand is trading steady against the US dollar, Euro and British pound on Monday as markets continue to digest the South African Reserve Bank (SARB)’s 25-basis-point interest rate hike last week.

South African Rand (ZAR) rallied against Western currencies late on Thursday after the South African Reserve Bank raised key rates by 25 basis points.

The South African rand (ZAR) depreciates against crosses such as the US dollar, Euro, and sterling on Thursday ahead of the Reserve Bank’s interest rate policy decision.