Browsing: South African Rand

South African rand traded slightly stronger in yesterday’s afternoon session but is facing mounting pressure

The South African rand dipped against Western currencies following a spike in the headline inflation rate to 4.5%

The South African rand is firmer against the US dollar, the euro, and the British pound…

South African rand (ZAR) is little changed against the US dollar ahead of key economic data scheduled for release on Thursday.  The local unit traded rangebound in yesterday’s session and is little changed this morning, First National Bank (FNB) said in a note.

The South African rand trades flat on Wednesday after the country reported 0.5% gross domestic product (GDP) growth in the first quarter of 2026.

The South African Rand climbed ahead of the country’s gross domestic product (GDP) data scheduled for release on Tuesday, as the debt office planned to auction local bonds.a

South African local currency, Rand is trading sideways on Thursday after inflation data released amidst ongoing negotiation between the US and Iran as part of an efforts to reopen Iran’s Strait of Hormuz.

The South African rand weakened against its major crosses, trading at R16.50 per dollar, R19.34 per euro, and R22.30 per pound, First National Bank (FNB) said in its morning brief on Wednesday.

South African Rand Gains as Gold Rises, Oil Prices Ease The South African Rand rallied against the US dollar, the…

The South African Rand is holding up well against major crosses, including the US dollar, Euro and British Pound (GBP), following yesterday’s rally, First National Bank (FNB) said in its daily market insight on Thursday.