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Following Finance Minister Enoch Godongwana's third National Budget presentation, markets remain stable, with the rand holding at R17. 97.
A stronger currency makes South African export products less competitive which leads to reduced manufacturing and ...
The South African rand remains incredibly volatile, but won’t hit its fair value until the economy kicks into gear.
USD/ZAR traded in tight range on Wednesday as South African rand firmed ahead of the central banks interest rate decision.
South African computer wholesalers use several mechanisms to protect themselves from the volatile rand. The rand’s ... help by providing a measure of stability and cost predictability in ...
The rand was stable early on Thursday morning ... which would amount to more than R1.3 trillion over the next three years. South Africa’s two previous Budget attempts failed to gain approval ...
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