The Rand scored new August highs against the Dollar and Pound Tuesday as investors celebrated the survival of January's phase one U.S.-China deal while revelling in elevated hope that a coronavirus treatment could soon be available to help curtail the pandemic even in the absence of a vaccine.

August 25,2020

The Rand rose in leaps and bounds on Wednesday and often alongside gains in broad measures of the U.S. Dollar although the South African currency remains fragile, according to multiple analysts, and a further recovery is far from assured. 

August 19,2020

The South African Rand is one of the worst performing major currencies of 2020 thanks to the coronacrisis which has only exacerbated dire domestic policies undermining the country's economy, but the currency's losses would be far greater were it not for the support provided by a recovering global stock markets.

August 18,2020

The Rand outperformed all major developed and emerging market rivals on Wednesday amid speculation suggesting South Africa's lockdown could be further eased in the coming days, although an ongoing depreciation of the Turkish Lira risks stoking volatility in the weeks ahead. 

August 12,2020

• Rand Forecasts

The Rand tumbled Friday as the Turkish Lira dragged emerging market currencies lower, encouraging a risk averse turn in sentiment ahead of the weekend that built on the back of crystalising hostility between the U.S. and China. 

August 7,2020

August 5,2020

The South African Rand headed for its worst week since April on Friday after investors turned to European currencies for refuge from an unravelling Dollar and a resurgent coronavirus, given improved growth prospects on the old continent and fading yield appeal of emerging markets. 

August 2,2020

Rising gold prices and a falling U.S. Dollar have been two engines behind a recent appreciation in the value of the South African Rand, a trend that could still have further to run according to a leading South African economist.

July 28,2020