Last week, the South African rand had a tough trading week as it weakened against 17 of the 19 currencies we monitor.
Last week, the South African rand initially weakened but ended in the green and strengthened against 16 of the 19 currencies we monitor.
The South African rand had a terrible week last week, and lost value against all the currencies we monitor.
The South African rand had a stellar week last week, as it appreciated against all the currencies we monitor.
The South African rand broke its positive streak, losing value against all but two of the currencies we monitor.
The South African rand strengthened this week, gaining ground against 14 of the top 19 currencies that we monitor.
Last week, the rand performed incredibly well due to the South African interest rates which increased unexpectedly.
Last week, the USD/ZAR pair moved 1.19% higher. The rand opened at R16.87, tested R17.30 and closed at R17.06 on Friday.
The rand continued to weaken last week, with the currency losing ground against all but one of the 19 major currencies.
The rand had a terrible trading week after Eskom plunged the country into darkness with stage 6 loadshedding.
After spending the last two weeks in the red, the rand had a stellar trading week, gaining ground against 17 of the top 19 currency pairs.
This week, due to the recent central bank activity, the ZAR ended in the red again against all major developed-market rivals.
After a few weeks of bullish sentiments, the South African Rand has lost its forward momentum. The recent US inflation data affected the ZAR.
The South African Rand ended last week in the green. Unemployment rates for Q1 of 2022 were also released and sit at 34.5%.
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The South African rand had a mixed week. It benefitted from positive outlook ratings by the S&P but the USD/ZAR pair lost 1.67% of its value.
The SARB announced that they will be raising the interest rates to 4.75%, which resulted in the rand strengthening across the board.
The emerging-market rand encountered some recent headwinds, amid heightened market volatility and continued US Dollar strength.
The rand took another hit last week, weakening against 16 of the top 19 currency pairs.
The rand experienced a tremendous pullback during the trading rounds of last week.
We have excluded the Russian Ruble from the analysis in our rand report due to the extreme volatility associated with the currency.
The Russian Ruble has been excluded from the analysis in our rand report due to the extreme volatility associated with the currency.
We have excluded the Russian Ruble from the analysis in our rand report due to the extreme volatility associated with the currency.
We have excluded the Russian Ruble from the analysis in our rand report due to the extreme volatility associated with the currency.
We have excluded the Russian Ruble from the analysis in our rand report due to the extreme volatility associated with the currency.