Trending
Heat Index
Things to do
 
Read More
5
 
Read More
7
 
Read More
9

Calendar
June 2018
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
252627282930  
Posts Tagged ‘medium-term budget’
Most Recent
 
Read More
March 2, 2018

Rand at strongest level in three years

“The rally in the local currency ‘continues unabated it seems and a slight dollar recovery last week has done nothing to dent this’”

The rand continued its winning ways on Monday morning, touching levels not seen since early 2015.

Positive sentiment towards SA was the recurring theme.

Foreigners were net buyers of local bonds to the tune of R12.3bn over the past week, helping the momentum in the rand, which acts a buffer against inflation.

Foreigners have also been aggressive net buyers of the local shares since December when Cyril Ramaphosa became the new of the new leader of the ANC.

With inflation now close to the mid-point of the [...]

14
Top Stories
 
 
 
 
 
 
Health Tips
 
Vaping could be leading thousands of teens to start smoking who otherwise wouldn’t have