The South African rand weakened in early trade on Thursday, as investors looked forward to the U.S. Federal Reserve's annual ...

South Africa's rand was little moved on Wednesday, despite the country's highest inflation reading for 10 months, as ...

South Africa's rand was on the back foot for much of Tuesday's trading session as markets awaited the U.S. Federal Reserve's ...

South Africa's rand was weaker in early trade on Tuesday, as investors looked to the Fed's Jackson Hole symposium for hints ...

South Africa’s consumer price inflation rose to 3.5% year-on-year in July, marking its highest level since September 2024, primarily due to increases in food and fuel prices. This inflation rate ...

While the rand is currently trading at a surprisingly resilient level of R17.70 against the dollar, its real value is closer to R13.16/$ when considering purchasing power.

The following scheduled economic events, equity and currency market moves may affect South African markets on Wednesday.

The USD/ZAR exchange rate dropped to a low of 17.72, its lowest level since July 25, and 3.3% below this month’s high.

Shares on the Johannesburg Stock Exchange's blue-chip Top-40 index also rose, trading about 2% higher. South Africa's benchmark 2030 government bond gained, as the yield fell 8 basis points to 9.225%.

This high-profile case not only threatens the reputation of some of the world’s largest financial institutions but also ...