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Exchange4free Blog

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ZAR trading at 11.08 to the dollar | Sarb's Gill Marcus to step down

The rand reached 7 month low against the dollar on Friday of R11.11. At the time of writing, the rand is currently trading at 11.08 to the US Dollar, 14.25 to the Euro and 18.11 to the Pound. Movements in the market can be attributed to, among other...
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Scotland votes 'NO' to independence - Pound Rallies

The majority of Scotland voted 'No' to independence in the Scottish referendum to leave the United Kingdom.Over the last few weeks, sterling has fallen on fears that Scotland would vote in favour of leaving the UK. After the no vote, the pound has hi...
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Breaking News: SARB keeps interest rates unchanged

Gill Marcus the South African Reserve Bank (Sarb) Governor, has stated that interest rates will remain unchanged. The repo rate will remain fixed at 5.75% per annum in order to support weak activity in the local economy, despite inflation concerns an...
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Brad Kingston
Thanks for your comment MvanHattum. Positive change is definitely needed. The South African economy has been hard hit by the effec... Read More
Monday, 13 October 2014 10:56
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Currency and Forex Market News - 17 September 2014

Latest news on the web for major world currencies Dollar climbs with Fed policy language under intense scrutiny LONDON, Sept 17 (Reuters) - By Anirban NagBOJ's easy stance keeps pressure on yen as bill yields turn negative - WSJ reports Fed ...
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Global Forex Market Report - 16 September 2014

United States Dollar (USD)A busy week for the Dollar with several lots of data and news out. We kick off with PPI data today although the real market mover is Wednesdays CPI data and the FOMC announcement & press announcement in the afternoo...
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India Forex Market Report - 16 September 2014

The Indian rupee hit a one-month low on Monday but rebounded over today against the US dollar. The rupee gained on trade deficit narrowing and further exporter’s US dollar selling and dollar weakness against other currencies.On Monday Asian currencie...
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