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JOHANNESBURG (Reuters) -The South African rand rose on Thursday, after monthly domestic producer inflation came in as expected. At 1550 GMT, the rand traded at 19.0400 against the dollar, nearly 0.9%...
By Karin Strohecker WASHINGTON (Reuters) - South Africa faces upside risks to its inflation outlook, Central Bank Governor Lesetja Kganyago said, but the latest data has not shown evidence of price...
JOHANNESBURG (Reuters) -The South African rand weakened on Friday, extending the previous day's losses to hit its lowest level since October, with analysts citing the impact of this week's 2024...
JOHANNESBURG - The South African Reserve Bank's Monetary Policy Committee is anticipated to keep the repo rate unchanged as it weighs factors such as inflation, currency stability, and evolving global...
The South African rand strengthened against the dollar today, buoyed by the US Federal Reserve's dovish comments that signaled potential rate cuts in the future. This shift in stance by the Fed has...
Standard Bank Group's CEO, Sim Tshabalala, has publicly refuted claims that the bank was involved in the 2017 Rand-US Dollar manipulation scandal. This statement comes amidst broader accusations of...
JOHANNESBURG - The South African rand has seen a notable appreciation against the US dollar, buoyed by a combination of international and domestic factors. Favorable US inflation data, along with...
The South African rand has experienced a significant rally Tuesday, driven by a combination of US inflation data and shifts in global monetary policy. The currency surged over 2% to R18.22/$ amid a...
South Africa's impending Expropriation Bill, which supports expropriation without compensation (EWC), is facing significant backlash due to potential threats it poses to private property rights. The...
Reserve Bank of Zimbabwe (RBZ) Governor, John Mangudya, during a pre-budget parliamentary seminar today, urged that the forthcoming 2024 budget should align with current fiscal and monetary...
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