In a whirlwind week, the Rand was really caught in the middle of a global thunderstorm...
However, a volatile few days only created a range of around 20c - surprisingly low...
What
Another week rolls by...
...and after making multi-year record lows in the past few weeks, it seemed as if the Rand had finally broken from its downward trend, and pushed
With the Rand momentum seemingly unstoppable, what is coming next as the incredible run continues...?
The Rand is booming. There is no doubt about it.
As we pushed through the
This article was first featured on Fin24.com - you can read it over here - they felt it was so informative, they had to share it with their audience. I
Well, who would have believed it...? We are into December already. Time sure has flown ... 2017 has been nothing short of a blur.
In fact, even this last week
It has happened.
As long expected, the Rand was downgraded to #JunkStatus - but with some mitigation, as S&P dropped the guillotine, and gave SA a fat stamp of #JunkStatus
Another week dominated by politics slips by...
This one filled with more topsy-turvy movement, on the back of political unrest and further concerning decisions from President Zuma.
What is happening
This was one of the more choppy and difficult weeks for importers, exporters and investors alike...
If you are just watching the news and events and trying to make decisions based
The South African local currency has always made a habit of reversing trend when it was least expected.
And that is what makes the game of forex so interesting.
When
What ACTUALLY moves financial markets?
It is a point of debate which seemingly will never end.
Economists will tell you it is a combination of economic, political and social events
Being a finance minister is all about growing the country's economy.
It is solutions to problems. Which in turn provides an environment to grow the country's economy. No matter how
Generally, budget speeches, whether they are the yearly or mid-term ones, are a point of high interest in a country.
It is where the most crucial economic figures for the
Last time our esteemed Jacob decided to do the shuffle, we got some kind of warning that it was due to happen, with rumblings around Pravin Gordhan's safety.
This time
A new month, a new start.
But it did not seem to make any difference for the weakening ZAR.
As the week moved along, it seemed that the poor Rand was just
The headline says it all..."Rand loses 4% of value...what now?"
A truly bruising week for the economy, as the Rand soared to touch over R13.71/$ - a level not been seen