Browsing Tag

South Africa Rand

2 posts
rand poised for gains

Goldman Sachs: Why South Africa’s Rand Could Extend Gains as Conditions Improve

Goldman Sachs sees South Africa’s rand pushing past three-year highs toward sub-16 levels. What fundamentals are driving momentum that historically never lasts?
rand dips ahead of s p decision

South African Rand Retreats as Traders Brace for S&P Rating Decision

South Africa’s first major rating upgrade in 16 years sends the rand tumbling. Why investors fled after getting exactly what they wanted.