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RAND: South Africa’s rand steady as gold gains lift stocks

  • Date: 25-12-19
  • Category: Rand
  • Source: Business Recorder

An interim trade deal between the United States and China and bets of further gains in the rand helped the South African currency hold its ground on Tuesday, while a rising gold price supported stocks, which closed higher.

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South African rand slumps after Moody's warning, stocks tumble

  • Date: 15-08-18
  • Category: Rand
  • Source: Reuters

South Africa’s rand slumped on Wednesday as ratings agency Moody’s warned that the pace of fiscal consolidation in Africa’s most industrialised nation had slowed and retail sales data disappointed, underlining the fragility of the economy.

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