Reuters

South African rand gains against dollar, focus on US data this week

JOHANNESBURG, Oct 7 (Reuters) - South Africa's rand gained against the dollar on Monday after tumbling last week, as investors turned their attention towards U.S. inflation data later this week and ...
Reuters

South African rand hits nine-month high, as Fed remarks knock dollar

JOHANNESBURG, Aug 22 (Reuters) - The South African rand strengthened on Friday, boosted by a weaker dollar and a rebound in gold prices, after U.S. Federal Reserve Chair Jerome Powell pointed to a ...
Zimbabwe

South African Rand Depreciation Wreaks Havoc on Zimbabwe Markets

The further weakening of the South African rand has almost rendered it useless in Zimbabwe where it is part of a multiple of currencies adopted to stem the historic plunge of the Zimbabwe dollar in ...
Hosted on MSN

Financial institutions launch rand-backed stablecoin

ZARU’s reserves are independently audited monthly, ensuring transparency and stability for institutional participants. (Image created using GenAI via ChatGPT) A consortium of South African financial ...