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The South African rand weakened to around 16.3 per USD, pressured by a firmer US dollar and falling prices of precious metals, particularly gold. Meanwhile, traders digested the South African Reserve Bank’s latest policy decision to raise its key repo rate to 7.25%, in line with expectations. Policymakers cited the nee
The South African rand was subdued in early trade on Tuesday as investors awaited potential US-Iran talks and key domestic data and events later this week, including inflation figures and the central bank's policy decision. At 0706 GMT, the rand traded at 16.2825 against the dollar, 0.2% weaker than its previous close.
For best results when printing this announcement, please click on link below: RNS Number: 6042V Braime Group PLC 21 September 2026 Braime Group PLC (“Braime” or the “Company” and together with its subsidiaries the “Group”) Interim Results for the six months ended 30th June 2026 The Company presents its unaudited interi
The South African rand edged up Thursday, supported by a weaker dollar and firmer gold prices, as investors looked ahead to a closely watched U.S. jobs report for signals on the Federal Reserve’s next policy moves.
South African rand was little changed early Thursday as a weaker dollar offered support. Investors are awaiting the latest private-sector purchasing managers’ index (PMI) data for local business activity.
The South African rand trades around 16.2 per US dollar near its highest since early March, supported by a weaker dollar and precious-metals gains tied to easing Fed rate-hike bets.
The South African rand trades around 16.1 per US dollar, staying close to its highest since early March, supported by expectations of a Fed pause and a weaker dollar amid softer US data.
() -- South African rand strengthened against the US dollar as weaker-than-expected US inflation data outweighed disappointing domestic mining figures and weighed on demand for the greenback. South Africa's mining production fell 5.4% year over year in May after April's revised 8% increase, missing forecasts for a 1.5%