26 May 2020
South Africa’s rand raced to its highest in more than eight weeks against the U.S. dollar on Tuesday, as optimism about a global recovery from the COVID-19 pandemic boosted riskier assets, with investors looking past Sino-U.S. trade tensions.
30 Mar 2020
The South African rand plunged to a record low after Moody's downgraded the government's debt to junk status, before recovering slightly Monday, analysts said.
13 Jun 2019
South Africa’s rand slipped on Thursday, as investors were unnerved by an investigation into a donation for President Cyril Ramaphosa’s 2017 campaign, leader of the governing African National Congress (ANC) party.
9 Jun 2017
South Africa’s rand steadied against the dollar early on Thursday ahead of local mining and manufacturing data and several key global events, including Britain’s general election.
31 Mar 2017
South Africa's rand plunged five percent Friday after President Jacob Zuma sacked his finance minister and made ten new cabinet appointments in a dramatic reshuffle that has fuelled fears of a split in the ruling African National Congress.