The Rand was on the ropes again Wednesday as markets continued to respond to a dire first-quarter economic performance, which has already prompted forecast downgrades from Standard Bank, although the South African currency is now facing a new threat from the government.

June 5,2019

The Rand was on its back foot against major counterparts Tuesday and might remain on the defensive for a while yet but there's at least one rival that it's set to prosper against, according to Bank of America analysts, who're telling clients to buy the South African currency and sell the Russian Rouble.

June 5,2019

The outlook for the Pound against the South African Rand is negative in the short-term but the pair appears slightly more directionless on a multi-week timeframe.

June 3,2019

The Rand was resurgent Thursday, building on gains wracked up during the overnight session, after President Cyril Ramaphosa allayed market concerns over the composition his cabinet although analysts say that further gains for the South African currency will be limited.

May 30,2019

The Rand was on course for a second consecutive day of steep losses Wednesday as markets continued to protest the likely reappointment of an allegedly-tainted candidate to the role of deputy president, which is casting doubt over President Cyril Ramaphosa's reformist credentials.

July 3,2019

Concerning the near-term outlook for GBP/ZAR we see the pair has been in a short-term downtrend ever since the start of May which should reassert after a pause.

May 28,2019

The South African Rand is at risk from an imminent re-weighting of a major emerging market share index so that more Chinese shares are included at the expense of SA shares, according to analysts at ABSA, South Africa's largest lender.

May 23,2019

The Pound and Rand are moving sideways but the increasingly constrained range will eventually likely give way to a bigger directional move.

May 20,2019