Rand outperforming other EM currencies as investment flows return into local debt markets and China pledges $14.7bn at BRICS summit aiding President Ramaphosa's mission to raise $100bn in investments in 5-years.

July 25,2018

The Rand is set to remain on the back foot because the offshore environment remains detrimental to emerging market currencies, according to forecasts from multiple analysts, who say the South African Reserve Bank is unlikely to rescue the currency until the New Year. 

July 23,2018

The South African Rand weakened against all major currencies Thursday amid a renewed leg higher by the US Dollar and as traders responded to a South African Reserve Bank interest rate statement that fell short of what some were expecting.

July 20,2018

The Rand will weaken further than was previously expected this year, according to the latest forecasts from analysts at  ABSA, who argue that offshore and domestic challenges will weigh on the South African currency during the months ahead.  

July 19,2018

The Rand could receive a boost next week if the South African Reserve Bank throws it a lifeline during Thursday's interest rate announcement, according to analysts at Commerzbank, although any respite for the currency is likely to prove short-lived.

July 13,2018

The Rand fell Wednesday and could be on course for another bout of steep losses after President Donald Trump instructed US trade representatives to prepare their largest round of Chinese trade tariffs to date, placing the so called "trade war" back in the spotlight and emerging market currencies under fresh pressure. 

July 11,2018

The Rand could be close to bottoming out after months of heavy selling by international investors, according to one analyst, although others still expect more losses to come and are flagging the government's land reform agenda as a significant risk to the currency. 

July 4,2018

The Pound-to-South-African-Rand rate rose last week as the emerging market currency universe remained under pressure due to unease over President Donald Trump's confrontational trade agenda which, having stoked a stronger US Dollar and widespread risk aversion in global financial markets during recent days, is expected to weigh on the Rand again this week.

July 2,2018