The Rand has weakened significantly again, currently trading at R19.15 against the US Dollar, with the Dollar receiving strong support from employment figures indicating solid economic growth. I also believe that Trump’s proposed tariffs and strict sanctions against Russia are creating more uncertainty, thus increasing demand for the Dollar, which is seen as a safe haven. This is also leading …
The Rand has significantly weakened over the past two weeks, currently trading at R18.58 against the US Dollar. The Dollar has gained strong support due to new statistics expected to be released soon. Brent crude oil prices have risen to $76.46 per barrel over the past week amid expectations that China will implement additional measures to stimulate its economy. Record …
The Rand strengthened over the past week and is currently trading at R17.85 to the US dollar, with economic growth shrinking by 0.3% over the third quarter, mostly due to the midsummer drought that affected our grain harvest in 2024. This just shows how important the agricultural sector, and more specifically the grain sector, is for economic growth in South …
The Rand strengthened over the past week and is currently trading at R17.85 to the US dollar, with economic growth shrinking by 0.3% over the third quarter, mostly due to the midsummer drought that affected our grain harvest in 2024. This just shows how important the agricultural sector, and more specifically the grain sector, is for economic growth in South …
The Rand has traded sideways over the past week and is currently at R18.14 against the US dollar, while the latest Brent crude oil price has fallen to $72.15 per barrel. There is currently a ceasefire between Israel and Hezbollah, but this could quickly flare up again and potentially push prices upward.
The Rand traded sideways last week and is currently at R18.04 against the US dollar despite the recent interest rate change. Interest rates were adjusted down by only 25 basis points last week, which may have been a very conservative adjustment. I feel it was the right decision considering there is a lot of potential for inflation to rise again …
The Rand faced significant resistance against the Dollar over the past week, currently trading at R18.09 to the US Dollar, with the Dollar being much stronger. This, of course, had a major effect, particularly on our grain prices. The latest Brent crude oil price dropped over the past week, now sitting at $71.56 per barrel. The Russia-Ukraine conflict has escalated, …
The Rand remained steady over the past week, trading at R17.56 to the US Dollar, despite the results of the US elections. The US lowered their interest rates by 25 basis points last week. Together with the fact that our inflation rate is currently under 4.5%, the expectation is that our interest rates will also be reduced by 25 basis …
The Rand has remained stable over the past week, trading at R17.67 against the US dollar. Our inflation rate has dropped below 4% for the first time in three years, coming in at 3.8% in September. This makes the possibility of a further interest rate cut in November more likely. However, there is some speculation that the US may not …
The Rand has remained stable over the past week, trading at R17.67 against the US dollar. Our inflation rate has dropped below 4% for the first time in three years, coming in at 3.8% in September. This makes the possibility of a further interest rate cut in November more likely. However, there is some speculation that the US may not …
Showing 1–10 of 66 results
