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South African rand firms against weaker dollar; US data in focus

South African rand firms against weaker dollar; US data in focus
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South African rand falls sharply, tracking dollar

JOHANNESBURG -South Africa s rand weakened sharply on Thursday, reversing all of its gains and more from the previous day s budget speech as the currency followed the direction of the U.S. dollar. .

Election year risk could hit rand : Standard Bank

Africa's biggest lender Standard Bank on Wednesday said that the South African Rand was likely to exhibit some level of risk going into an election year.

Rand falls in value as GDP figures loom

Rand falls in value as GDP figures loom
iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.

GDP decreased by 0 2% in the third quarter of 2023

GDP decreased by 0 2% in the third quarter of 2023
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