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Tag Archives: dollar

How far the rand has fallen: from 2000 to 2016

How far the rand has fallen: from 2000 to 2016

The Economist’s Big Mac Index for 2016 shows how far the rand has fallen – and how the currency theoretically remains one of the most ‘undervalued’ in the world.

Business - By Quinton Bronkhorst | 11 January, 2016
R16 to the dollar – or worse – is no longer an “outrageous” target

R16 to the dollar – or worse – is no longer an “outrageous” target

The rand tanked to its lowest level yet against major currencies on Wednesday evening, shortly after President Jacob Zuma removed Nhlanhla Nene as finance minister

General - By News24Wire | 10 December, 2015
R22.50 to the dollar by 2018?

R22.50 to the dollar by 2018?

A leading economist has painted a bleak picture for the local currency, the rand, against a surging US dollar.

Business - By Staff Writer | 7 August, 2015
Rand vs the dollar in 2014

Rand vs the dollar in 2014

The South African rand has experienced a difficult year against the US dollar.

General - By Staff Writer | 17 December, 2014
Rand at 5-year low vs dollar

Rand at 5-year low vs dollar

The South African rand hit R11.32 to the US dollar on Tuesday, hitting its lowest point in 5 years.

General - By Staff Writer | 30 September, 2014
Rand flirts with R11 to the dollar

Rand flirts with R11 to the dollar

The South African rand was dangerously close to breaching R11 to the dollar on Wednesday 10 September 2014, as the country’s current account deficit widened amid slight economic recovery.

General - By Staff Writer | 10 September, 2014
Why a weak rand sucks for SA

Why a weak rand sucks for SA

Economist Mike Schussler believes that, contrary to common belief, the weak rand is not going to lead to any significant economic growth in South Africa.

General - By Staff Writer | 16 January, 2014
Rand vs the dollar in 2013

Rand vs the dollar in 2013

The rand has experienced one of its worst years against the US dollar – dipping to new 4 year lows against the greenback.

General - By Staff Writer | 2 January, 2014
The most traded currencies in the world

The most traded currencies in the world

New data released by the Bank for International Settlements (BIS) has revealed how the South African Rand compares to other currencies when it comes to its role in global trading.

General - By Staff Writer | 13 September, 2013
Rand vs the dollar in 2012

Rand vs the dollar in 2012

The rand has faced a tough year against international currencies, having hit some of its weakest closes since the global economic crisis of 2009.

General - By Staff Writer | 29 December, 2012
A history of South Africa’s currency

A history of South Africa’s currency

BusinessTech looks at the value of the South African currency, and tracks the journey since its debut in 1961.

General - By Quinton Bronkhorst | 23 September, 2012
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