Forex News » South African Rand

Rand Gains Amid Market Optimism

NewsInspector — Tue, 31 Jan 2012 20:25:46 +0000

The South African rand gained today as optimism for an outcome of Greek debt-swap talks caused a rally of stocks and commodities, while also helping currencies of emerging markets.(...)
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Waning Optimism on Forex Market Weakens Rand

NewsInspector — Tue, 24 Jan 2012 14:31:38 +0000

The South African rand fell today as talks among Greece and private bondholders no longer cause optimism among investors, but rather make them concerned. Worsening market sentiment has a negative impact on assets of emerging economies.(...)
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South African Central Bank Keeps Rates Steady, Rand Maintains Gains

NewsInspector — Fri, 20 Jan 2012 07:01:39 +0000

The South African rand kept its gains today after the South African Reserve Bank left its main interest rate unchanged at yesterday’s monetary policy meeting to support recovery of the nation’s economy.(...)
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Rand Weakens as No Change to Monetary Policy Expected, Rebounds

NewsInspector — Thu, 19 Jan 2012 09:01:00 +0000

The South African rand was weaker today as analysts speculated that the nation’s central bank will keep interest rates unchanged at today’s monetary policy meeting. The rand rebounded currently.(...)
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Rand Goes Lower as Fitch Changes Outlook to Negative

NewsInspector — Fri, 13 Jan 2012 18:05:29 +0000

The South African rand was down today as Fitch Ratings changed outlook for South Africa’s sovereign credit rating to negative, reducing attractiveness of country’s assets to investors.(...)
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Rand Advances as Forex Traders Express Optimism

NewsInspector — Wed, 04 Jan 2012 02:27:17 +0000

The South African rand advanced yesterday on the positive mood among Forex traders, though the currency lost part of its gains later. The rand held steady today.(...)
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Rand Goes Higher on Spain’s Bill Auction & Germany’s Business Confidence

NewsInspector — Tue, 20 Dec 2011 13:28:20 +0000

The South African rand advanced today after Spain auctioned its three- and six-month bills with a good result and the German business confidence unexpectedly improved this month.(...)
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Rand Tumbles on Negative Fundamentals & Bad News from Europe

NewsInspector — Fri, 09 Dec 2011 04:00:26 +0000

The South African rand dropped yesterday and remained weak today on the signs of the nation’s economic weakness. The currency also felt the negative impact of the news from Europe, but the European problems allowed the rand to outperform the euro.(...)
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Another Day of Gains for Rand?

NewsInspector — Tue, 29 Nov 2011 15:11:13 +0000

The South African rand gained today as the positive mood prevailed on the Forex market, but later reversed its trend and currently almost erased its earlier gains.(...)
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Rand Gains on Record US Retail Sales & Hopes for EU

NewsInspector — Mon, 28 Nov 2011 13:05:32 +0000

The South African rand advanced today as the US retail sales demonstrated a record growth during Thanksgiving, while hopes emerged that the European Union would find a way to deal with its problems.(...)
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