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Rand slips as volatility expected in wake of rating reprieve
June 6, 2106--The rand weakened in early trade on Monday and was expected to be volatile as the dollar recovered and investors digested news that S&P Global Ratings had affirmed the country's investment-grade credit rating.
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Source: FIN24
Double dose of good news for SA rand
June 3, 2016--The rand has received an unexpected boost due to a dismal May jobs report out of the US and the decision by S&P to leave SA's credit rating one notch above junk status.
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Source: FIN24
JSE shows gains despite downgrade threat
June 3, 2016--Investors on the JSE seem to be taking a possible downgrade to junk credit status in their stride, with all major indices solidly higher by mid-morning.
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Source: FIN24
SA dodges S&P 'junk' bullet-for now
June 3, 2016--S&P Global Ratings has affirmed South Africa's long and short term foreign and local currency bond ratings at 'BBB-/A-3' and 'BBB+/A-2' respectively.
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Source: FIN24
South Africa: Economy Dodges Bullet As Ratings Agency Confirms Investment Grade
June 3, 2016--South Africans breathed a sigh of relief late on Friday when a major ratings agency affirmed its current assessment of South Africa's creditworthiness.
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Source: AllAfrica.com
Rand edges up amid rate review jitters
June 1, 2016--The rand has been a touch firmer against the dollar but is unlikely to post significant gains as investors fret about Standard & Poor's upcoming credit rating review.
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Source: FIN24
JSE records longest monthly gains in two years
May 31, 2016--Johannesburg stocks posted the longest stretch of monthly advances in almost two years.
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Source: FIN24
Rand recovers, helped by higher commodity prices
May 31, 2016--The rand has picked up helped by a recovery in commodity prices and as the dollar's recent rally on expectations the US interest rates could rise next month took a breather
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Source: FIN24
Emerging stocks advance to three-week high
May 31, 2016--Emerging-market stocks have risen to a three-week high as optimism the US economy will withstand higher interest rates improved the outlook for exporters.
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Source: FIN24
Rand set for worst month since 2013 as downgrade threat looms
May 31, 2016--The rand has weakened almost 10% this month as expectations the Fed will raise rates boost the dollar and the threat of a downgrade of SA's credit rating weighs on the currency.
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Source: FIN24
