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South Africa's rand hovered near its strongest level in five months on Friday, a day after a minister said that a new ...
Low growth and labour unrest is weighing on the currency as it reaches key levels What? The rand reached a four-year low against the dollar last week, falling over 2.6 per cent and closing at 9.572.
On Valentine’s Day in 1961, a cartoon figure gave South Africa a gift we still use today: the Rand. Decimal Dan ‘the rand-cent man’ would ... The first paper money, the Rixdollar, was ...
The rand was down 1.5 per cent against the dollar on Wednesday, with $1 buying 15.6 rand, and the South African currency was also down 1.2 per cent against sterling, with £1 buying almost 20 rand.
JOHANNESBURG, June 12 (Reuters) - The South African rand extended gains on Monday ... with the 2044 maturity up and rising 1.153 cents at 1526 GMT to 73.017 cents in the dollar, according to ...