Rand rallies, continues to str

Rand rallies, continues to strengthen

The rand is continuing its strong showing after breaking through a significant level of R13.30/$ on Wednesday on the back of a bigger risk appetite for emerging market currencies and a strengthening of the euro.

Struggling Rand steadies by we

Struggling Rand steadies by week end

Last week Tuesday, Overberg Asset Management’s weekly overview of the South African market landscape named the country as one of the most threatened emerging markets. South Africa, Brazil and Turkey were deemed the “threatened three” due to displaying the weakest currency fundamentals.