Rand strengthens against dollar as Ramaphosa wins re-election | Business

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The rand strengthened by more than 2% against the dollar on Monday after Cyril Ramaphosa won re-election as ANC president. | News24_Business ANC55 ANCNationalConference

The local currency, which opened trade at R17.55 to the greenback, was changing hands at R17.22 just after noon on the news that Ramaphosa had won a second term. The rand also strengthened by more than 1% against the pound and the euro. In times of uncertainty you need journalism you can trust.

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_Business corrupt president strengthening rand? madness.

_Business stop bullsh%&$t ing us

_Business 😂 😂

_Business spaza shop economics

_Business What nonsense reporting is this

_Business Imagine if everything was working in Sa . Eskom , Government and no corruption !!!! Would strengthen by R10 .

_Business Nomvula Mokonyane:

_Business Tsek mnqundu

_Business Manipulation

_Business It would have strengthened by 50% if someone did country duty by doing the Hiroshima or Nagasaki at nasrec.

_Business Business loves Corrupt Cyril. The see him as A safe bet, bcos he is a Billionaire.

_Business 🤣🤣🤣🤣mafia state

_Business At the end of the day ppl will rise agnst the state at some point. U can't keep them squize out of the economy using force. These r mere postponements to buy time. Eventually they will get dick n tired and start a July unrest tht will swallow everything including the constitution

_Business Obvious

_Business RIGGED

_Business Nina niyasnyela yaz

_Business It could've been worse if Zweli was elected.

_Business The rand is just consodating in previous range. Stop it!

_Business Umsunu we rand, no nina

_Business The manipulated Rand.... 😂😂😂😂

_Business Lol....there's no such thing

_Business glossdotfm screenshot this dark

_Business Musani ukusukela brand please

_Business And I'm that dumb to be surprised🙄insult me again

_Business Eish I'm losing money here, can Cyril resign please. So I break even. Mxm

_Business The rand must tell us who does it want for president so it can be equal to the dollar

_Business But the poorstill remain poor

_Business How is that helping anybody unemployed, food prices or unemployment. Futsek man, rand se moer

_Business Rubbish

_Business Of course!

_Business She did it. Mama action

_Business Bloody hypocrites

_Business Racist economy tsek

_Business Tsek!

_Business So financial statistics aren't the determinate of financial performance monitors anymore 🤔 ..ok,got it 💡

_Business Those who say it's a lie, I hope you can interpret this chart

_Business Nonsense!!

_Business Imagine how stronger the rand would have become if the first DSG had picked it up like she promised the country during the Zupta era?

_Business 🤣🤣🤣🤣🤣

_Business Come on now guys this is too much. We get it, your pushing to make it seem as if Ramaphosa is a saviour of some sort; But no please in your attempts to do so please take us seriously.

_Business

_Business You will never know how much your kindness, support, love and encouragement means to me thank you.❤️ Brandonkaren11 for helping me through your Bitcoin mining investment platform.

_Business Rubbish, pathetic liars Tsek.

_Business Overall it has lost 29% since he became president

_Business form now on the rand will decide who will be our president

_Business How much more than 2%? Like 2,1%?

_Business While the entire country is subjected to loadshedding including hospitals and clinics ect. Nasrec is exempt? How on Gods earth is that ok? Eskom is not to be trusted! The government is NOT TO BE TRUSTED. Actively promote do not pay Eskom. When will you wake-up?

_Business BS. The rand had already done its major gains before the results were announced. Unless the results were leaked to the right people early. 🤔

TradingMzansi _Business Urgh i hope people vote against him

_Business Don't get excited, Ramaphosa will bring it back down soon enough. corrupt

_Business How does this relate with politics

_Business Lie's Lie's Lie's '👀 👀'

_Business

_Business 🤣🤣🤣 that's a lie and sounds like a joke

_Business As if loadshedding will end🤔

_Business Akere MamaAction(Nomvula) is back, otloe phagamisa

_Business BS 😂😂😂😂😂😂

_Business You are spreading lies.

_Business My president 👏👏👏

_Business 😂😂😂🤣🤣

_Business 🤣🤣🤣

_Business Ret gang

_Business Great! More cash for international vacation over X'mas! But wait it has slide almost 20%

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