The South African rand had the first week of decline this month as speculations suggested that the currency’s rally could be a problem for the country’s economic future.(…)Read the rest of South African Rand Down on Rally Concerns (71 words) Posted on Forex News. Read More South African Rand Down on Rally Concerns
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South Africa is one of the world’s largest precious metals producers, and today, as the gold and platinum rose in a session of strong risk appetite, the African nation witnessed a strong bullish pattern in its currency’s chart, as optimism among traders increased.(…)Read the rest of Gold Hits Record High Pushing South African Rand Up (63 words) Posted on Forex News. Read More Gold Hits Record High Pushing [...]
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The South African rand had the worst performance among 16 main traded currencies today after a news agency affirmed that the national central bank intended to intervene massively stopping the rand to fluctuate, causing a negative impact in the rand rates today.(…)Read the rest of South African Rand Down on Press Speculations (62 words) Posted on Forex News. Read More South African Rand Down on [...]
Posted in FX News | Tagged african, down, on, press, rand, south, speculations
The South African currency, which hit an eleven-month high versus the greenback this week, pared its weekly gains as an Indian newspaper affirmed that the merging of Bharti with MTN may take longer than expected, raising concerns about investments in South Africa.(…)Read the rest of South African Rand Down on Merging Speculations (168 words) Posted on Forex News. Read More [...]
Posted in FX News | Tagged african, down, merging, on, rand, south, speculations
The South African rand, which posted several weeks of decline as a new wave of risk aversion spread around equities and currency markets, rose as the world cup stadium construction workers strike ended, raising confidence in the country as stability returned.(…)Read the rest of South African Rand Climbs as World Cup Strike Ends (186 words) Posted on Forex News. Read More South [...]
Posted in FX News | Tagged african, as, climbs, cup, ends, rand, south, strike, world
