The rand fell by around 1.7 percent to the dollar after President Zuma called off the international trip by Finance Minister Pravin Gordhan.
Egypt's state grain buyer will continue to import wheat during the local wheat-buying season as it aims to increase its strategic reserves.
US share prices record the biggest weekly drop of the year as investors are nervous on the Trump administration’s woes on ...
Venezuela, Iraq and Oman added their support for a possible extension of global oil-production cuts beyond June.
Stocks ended flat in line with the opening of US markets.
A Global equities sell-off that spurred the biggest drop in shares since Donald Trump’s election eases.
A central bank official said it would be “prudent” for Zimbabwe to use the rand rather than the US dollar as the dominant currency.
The rand strengthened on Wednesday as local data supported the currency against a weakening dollar.