Emerging stocks rose on Friday but were set to end the week in the red while a strong dollar kept currencies under pressure.
The rand heads for the lowest in almost six weeks amid renewed concerns that South African Finance Minister Pravin Gordhan’s job is on the line.
Growing concern that Finance Minister Pravin Gordhan’s job is on the line unsettled the rand on Wednesday.
SA’s banking sector takes a huge knock as Finance Minister Pravin Gordhan is summoned to appear in court on fraud charges.
The news that Pravin Gordhan has been charged with breaking public finance rules sent the rand and share prices reeling.
World shares tap the brakes as oil prices ease back, while Britain's sterling takes another dive as UK and EU ministers trade fresh Brexit blows.
Asian shares are mostly lower, while oil prices hover near one-year highs on growing expectations of an output cut by OPEC producers.
The “flash crash” of the pound has caused some JSE-listed companies with UK exposure to drop in price.
The Federal Reserve has spooked investors out of gold.
Sterling weakened on Monday as the dollar took back some of Friday's losses against a range of currencies.
South Africa’s rand is on the verge of bucking a five-year losing trend, according to analysts.
Sterling recoups some losses after plunging almost 10 percent, as growing fears of a “hard” exit by Britain from the EU send ...
Lingering concerns over the possibility of a December downgrade are weighing on South Africa’s currency, according to economists.
Britain’s pound has been under pressure all week - but Friday morning saw the currency dip to a three-decade low in minutes.
For the world’s top currency forecaster, the dollar is a buy whatever the outcome of America’s presidential election.