Rand News – The USD remains under pressure due to increasing unemployment levels. Welcome to this weeks Rand News. In our weekly currency roundup this week, we look at some important data released and the affect this has had on the currency market. USD/ZAR News USD/ZAR began the week with bearish impetus as an emerging
Tag Archives: South African Rand
27
Mar
Mar
Ahead of the 21-day lockdown period, we have been flooded with calls from clients who are looking for support and guidance during this period of volatility. While the country is in lockdown, what should I do if I need to buy currency or make a payment? First of all, don’t panic. We understand that a
16
May
May
The US dollar blasted through 12.45 level yesterday and all the way up to 12.65 versus the Rand. Opening this morning we are a fraction off that high, with the market currently trading at around 12.58 mid-market. That being said, we expect to see some better buying opportunities today of 12.50. Based on the way
