Posts tagged with 'exchange rate'

 

Basa: Nhlanhla Nene fears worsening ‘jittery’ markets

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Uncertainty over the future of Finance Minister Nhlanhla Nene is leaving markets jittery, in a development the Banking Association of South Africa (Basa) has described as “unfortunate”.
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October fuel price outlook is a ‘major concern’ for Minister of Energy

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Increasing rand weakness against the dollar will not bode well for the fuel price in October, Minister of Energy Jeff Radebe warned on Wednesday evening.
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Rand Sterling exchange hits new 5 year high

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GBPZAR hits new 5 year high at 18.11 and USDZAR reaches 10.91 & EURZAR is 14.85   General Finance Market Outlook:       Still further room for Rand depreciation as US economy strengthens. Indications from the US Fed is that they may cut back further on their bond-buying program from the end of January 2014…
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