Rand weakens as dollar bounces back

The rand weakened in early sell on Thursday, as the US dollar regained its footing after a recent dip.At 0642 GMT, the rand traded at R18.95 against the dollar, 0.67% weaker than its previous close.

Why you should consider trading the international markets

USD-ZAR exchange rate Source: Share Magic IG Markets allows clients to trade contracts for difference (CFDs), which are a type of derivative that gives you exposure to the price movement in an underly…

Rand weakens in early trade; stocks slide

Read: Pound plunges to record low as Kwarteng signals more tax cuts At 0732 GMT, the rand traded at R17.99 against the dollar, 0.14% weaker than its previous close.The rand weakened in early trade on …

Rand little changed after volatile week

The South African government’s benchmark 2030 bond was a tap weaker in early deals, the yield rising 1 basis point to 10.60%.In the early part of the week the rand was pressured by expectations for …

South African rand flat as dollar soars, stocks edge lower

JOHANNESBURG — The South African rand held steady on Wednesday as the U.S. dollar surged to new highs after a preference by Russian President Vladimir Putin to mobilize more troops for the conflict …

Rand slips as strong dollar, power cuts weigh

At 0630 GMT, the rand traded at R17.69 against the dollar, around 0.4% weaker than its previous close.The rand traded weaker early on Monday, bruised by a strong dollar and lengthy power cuts by state…

African Bank sets its sights on Ubank

African Bank on Friday publish its ideas to acquire a number share in Ubank – a basic financial services provider with a being in mining and countryside communities – for R80 million.African Bank …