The South African rand was flat in early trade, as traders held off from big bets before the central bank's interest rate ...

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.