Exchange4free Blog

Welcome to the Exchange4free blog!

Rand edges off 14-year low, China risks loom

Rand edges off 14-year low, China risks loom
Johannesburg - The rand recovered slightly early on Tuesday after touching a fresh 14-year low in the previous session as emerging markets wobble on concerns over China's economy. At 08:30 the rand edged 0.18% firmer to R12.5945/$, recovering from a...
Continue reading
4804 Hits

Breaking News: GBP/ZAR goes to a 6 year high!

Breaking News:  GBP/ZAR UpdateGBP/ZAR AT 6 YEAR HIGH!The ZAR on Monday weakened as China cut interest rates again – the 3rd time in six months, adding pressure to emerging markets. The pressure on the Rand continued through Tuesday as the GBP st...
Continue reading
4985 Hits

SA Rand at two week low against the dollar

Interbank ZAR Exchange Rates (09h26 SAST)USDZAR 11.0708GBPZAR 17.6910EURZAR 13.8344CADZAR 9.8103AUDZAR 9.6784NZDZAR 8.6162South Africa's rand weakened to a two-week low against the dollar on Monday after weak data out of China signalled exports to th...
Continue reading
4951 Hits

FX ALERT: USDZAR breaks through 11.00

Rand hits fresh seven-month lows South Africa's rand extended recent losses to a fresh seven month low against the dollar on Monday, and was expected to remain under pressure ahead of inflation data and the central bank's rate decision later in the ...
Continue reading
5062 Hits

Contact Us