by Ultrafin Financial Services | 24 Jan 2018 | Blog, Investments
Cape Town – The rand strengthened to R11.94 to the greenback on Wednesday morning, mainly driven by dollar weakness. The currency opened at R12.03/$, firming to as much as R11.94 by mid-morning. EasyEquities trader Musa Makoni explained that the dollar had been taking...
by Ultrafin Financial Services | 12 Jan 2016 | Blog, Financial Planning
Sydney – There’s more Monday morning pain to come for South Africa’s rand as Japanese retail investors are forced to end their romance with the currency, Macquarie Bank said. The rand plummeted by the most in more than seven years on Monday as the market turmoil...