The South African rand jumped today against the US dollar as Germany’s Chancellor Angela Merkel confirmed that the European Union is committed to support the stability of the euro.
South African Rand Climbs vs. Dollar on Greece’s Bailout
June 02nd, 2011 at 14:04
South African Rand
Rand Advances vs. Dollar on Economic Growth
May 27th, 2011 at 10:58
South African Rand
The South African rand rose today against the US dollar as the nation’s economic recovery remains strong, while the US recovery is stalling.
South African Rand Stops Decline as Commodities Recover
May 24th, 2011 at 13:35
South African Rand
The South African rand gained today, ending the two-day drop versus the US dollar, after commodities recovered and on speculation that policy makers will take measures to deal with the European debt crisis.
Rand Erases Losses, But Can It Continue Go Higher?
May 19th, 2011 at 12:34
South African Rand
The South African rand erased today’s loses versus the US dollar and continue to rise for the fourth straight session as consumer inflation accelerated.
South African Rand Erases Gains on Inflation & Retail Sales
May 17th, 2011 at 15:27
South African Rand
The South African rand pared its gains today after the reports showed that inflation grew less than predicted and retail sales decreased.
Interest Rates Outlook Keeps Rand Down
May 11th, 2011 at 11:40
South African Rand
The South African rand moved lower versus the US dollar for a third day today on outlook that the nation’s central bank will keep the interest rates unchanged.
Gold Jumps Above $1,500, Helping South Africa’s Rand
April 21st, 2011 at 16:43
South African Rand
The South African rand climbed today as gold continue to post new records and on speculation that the central bank will increase the interest rates.
Rand Jumps on Expectation of Higher Interest Rates
April 20th, 2011 at 8:24
South African Rand
The South African rand climbed today on the speculation that the accelerating inflation will prompt the nation’s central bank to increase the borrowing costs.
Rand Strengthens as Gold Reaches Record
April 08th, 2011 at 14:01
South African Rand
The South African rand reached the highest level in more than three months against the US dollar today as central said that restraining the capital inflows to weaken the currency “would not be appropriate” and as gold touched another all-time high.
South African Rand Rises for Third Day vs. Dollar
The South African rand gained today, rising for the third straight day against the US dollar, as commodities rallied and market participants expect an increase of the interest rates.