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Rand 3% weaker after 'tsunami' of domestic, international events
August 10, 2019--The rand lost 3% against the dollar this week and breached the R15/$ mark. On Thursday it reached a low of R15.20/$.
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Source: FIN24
Markets WRAP: Rand closes at R15.09/$
August 8, 2019--The rand was on the backfoot for most of the day.
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Source: FIN24
JSE tracks other markets higher as trade war fears ease
August 8, 2019--Global stocks surged on Thursday as trade war fears eased following the better than expected strengthening of the Chinese currency.
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Source: FIN24
Markets WRAP: Rand closes more than 1% weaker at R15.07/$
August 7, 2019--The local unit ended the day more than 1% weaker at R15.08/$.
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Source: FIN24
Local bourse barely closes firmer after lukewarm session
August 7, 2019--The JSE barely closed firmer on Wednesday following another session in which the local index gave up earlier gains towards the close.
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Source: FIN24
Markets WRAP: Rand closes at R14.97/$
August 6, 2019--While it traded mostly in the R14.75 to R14.85 range for most of the day, a press conference by Moody's on Eskom's financial woes led to increased volatility.
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Source: FIN24.com
JSE holds on to gains despite losing steam towards the close
August 6, 2019--The local bourse attempted a minor rebound on Tuesday as it opened firmer along with most major global indices before momentum faded towards the close.
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Source: FIN24.com
Markets WRAP: Rand closes at R14.89/$ view more
August 5, 2019--The rand was expected to remain on the backfoot in the short term.
In Nigeria and across Africa, Chinese investments evoke and provoke widespread suspicion of a new form of colonialism as well as praise, but for the most part, their coming and stay, attract undue attention, privileges whilst they flout existing operational guidelines and prevailing business principles by hook or by crook.
Source: allafrica.com
