Government bonds firm after S&P Global Ratings affirmed SA’s investment-grade credit rating, but the rand fails to extend gains.
South Africa’s rand dips in early trade on Monday as the dollar regains ground.
South African assets may gain as they move back in line with investment-grade countries after getting a reprieve from S&P.
Currency dealers and analysts expect caution to prevail ahead of SA’s rating review by Standard & Poor's today.
South Africa’s weak rand and sluggish economic growth are making foreign investors think long and hard about local prospects.
South Africa's rand firms for a third consecutive session against the dollar on Thursday morning.
South Africa’s rand traded a touch firmer against the dollar on Wednesday morning.
SA recorded a second consecutive trade surplus in April even as exports of precious metals and stones and other mineral products fell.
Shares in companies that benefit from rand weakness drove the South African benchmark index higher on Tuesday.
As South Africa braces for a possible credit downgrade, local companies are finding the bond market an unfriendly place.
SA’s rand holds steady on Tuesday morning, recouping the previous session's losses against the dollar.
South Africa will be a net importer of corn for the first time since 2008 this year after the worst drought in more than a century.
Rand slips in early trade on Monday as fears of a credit downgrade weigh on sentiment.
The much-awaited ratings review from S&P Global Ratings will be announced on Friday.
South Africa’s rand dips on Friday morning as traders look ahead to a speech by US Federal Reserve chief Janet Yellen.