Are they no longer manipulating it. Tell us when to start taking this loose rand seriously
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MARKET WRAP: JSE flat amid US recession fearsThe rand is at a six-week low against the dollar, lifting rand hedges and some miners, but the JSE gave up earlier gains after disappointing US data
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#RandReport: Rand tumbles as Eskom sours outlook, stocks flatAt 1510 GMT, the rand was 1.07% weaker at 14.2200 per dollar, as it breached 14.00 for the first time in five weeks. The currency has tumbled 4% this week.
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DAYS OF ZONDO: The impact of Nenegate: No, You can’t simply pick up a plunging randThe removal of former finance minister, Nhanhla Nene, and the appointment of ANC backbencher, Des van Rooyen, burdened South Africa with billions of rand more in debt costs as the markets responded against the controversial politically-motivated event.
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