Efficient Group chief economist Dawie Roodt stated that a purchasing power parity (PPP) valuation indicates a rand value of R9.00 to the US Dollar. However, due to the risk premium associated with ...

South Africa’s rand hit R18 to the US dollar on Tuesday morning, its weakest level in almost three months. It weakened to R18.10 at one point, but around 11.15am traded 0.8% lower, at R18.07. The rand ...

The biggest driver behind the current rally is an interest rate cutting cycle in the United States, but with confidence on the home front also a factor. For the past week, the rand has been at a ...

Investec chief economist, Annabel Bishop, said that the rand continues to benefit from the large US interest rate cut last week and South Africa's milder one in comparison by the reserve bank.

For the past week, the rand has been at a 20-month high against the dollar. The question is how much further it will strengthen – and how long the rally will last. Johann Els, group chief economist at ...

The rand remains persistently weak against the US currency as time starts running out for South Africa to sign a trade deal amidst stronger economic indicators in the States. Having hit R17.90 on ...

While the South African rand has been on a winning streak recently and the prospects remain relatively positive for 2025, there is still a chance it could fall to R20.50/USD—the worst level in history ...

The greenback is taking a beating. Rather than hold strong or appreciate against other currencies, the US dollar has been losing ground this year next to other major currencies, such as the euro. The ...