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Rand dips slightly as positive US economic data boosts dollar
June 1, 2018--The rand stood firm, dipping slightly in the wake of the release of better-than-expected US economic data.
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Source: FIN24
JSE rallies as Italy crisis fears subside
May 31, 2018--The JSE rebounded to close firmer on Thursday as it followed the trend in other global markets, as investors found relief in the possibility of a solution to the Italian crisis.
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Source: FIN24
JSE subdued as global equities remain on edge
May 30, 2018--The JSE has recorded another session of losses, as global equities continued to trade weaker in the light of the political crisis in Italy.
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Source: FIN24
Volatile rand makes up for losses; gains 1%
May 30, 2018--The rand gained back some ground in early trade, with analysts forecasting a day of 'jittery' trade.
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Source: FIN24
JSE closes weaker after dormant session
May 29, 2018--The JSE closed softer on Monday, following a rather dormant trading session as it struggled to find a catalyst for direction due to the closure of US and UK markets for a public holiday.
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Source: FIN24
Rand feels pain as Italy crisis pounds euro
May 29, 2018--The rand slumped almost 2% on Tuesday, tracking a bruised euro, which extended losses as political uncertainty in Italy stoked fresh fears about the eurozone.
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Source: FIN24
Rand up slightly in early trade as US breaks for Memorial Day
May 28, 2018--The rand gained 0.4% in early trade, in the wake of ratings agency S&P choosing to keep SA's sovereign credit rating unchanged on Friday night.
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Source: FIN24
5 reasons why SA is still junk status, according to S&P
May 26, 2018--Global ratings agencies S&P acknowledges the reforms being undertaken by President Cyril Ramaphosa's administration but flagged "considerable" challenges to improving the country's financial position.
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Source: FIN24
RAND ANALYSIS: What next for unit as it hits worst level of 2018?
May 25, 2018--Volatility is nothing new to the rand but considering the calm there has been since the start of 2018, this has been quite a thump back to reality for some, says James Paynter.
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Source: FIN24
Cryptos are tokens, not currency, says SARB
May 25, 2018--The South African Reserve Bank chooses to call digital currencies such as Bitcoin "cyber-tokens" because they don't meet the requirements to be classified as money.
"We don't use the term 'cryptocurrency' because it doesn't meet the requirements of money in the economic sense of the stable means of exchange, a unit of measure and a stable unit of value," Reserve Bank Deputy Governor Francois Groepe told reporters in Pretoria on Thursday. "We prefer to use the word "cyber-token'."
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Source: FIN24
