Rand on shaky ground
The rand is “treading water” around R16 to the dollar at the moment, as global uncertainty has markets in a ‘wait-and-see’ mode, and tensions in the Middle East push traders into gold.
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Big Mac Index: Is the rand still undervalued?
The index implies that the US dollar should cost less than R9 – ‘that’s the danger of using just one product, but however you look at it, the rand is still undervalued’: Johann Els, chief economist at PSG Financial Services.
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Best news for the Rand in four years
The rand has broken through R16 to the dollar for the first time since June 2022.
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Annabel Bishop | dollar | Finance | Rand
Rand goes from zero to hero in a year
The rand has hit its strongest levels in three years, pushing toward R16.30/$ from over R19.00/$ a year ago. And investors think things will get better still.
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American markets | dollar | Elke Brink | jse | Markets | RSG Geldsake
Die rand versterk steeds teen die Amerikaanse dollar
Elke Brink – direkteur en adviseur, PSG Route 21