South Africa

Since our last forecast piece, the rand did break above ZAR6.5000/US$, causing it to head higher towards our short-term upside target of ZAR6.2000/US$. However, the currency only... 2004-06-03

South Africa-RandSouth Africa-Rep. S. Africa 9.125% 09South Africa-JSE All Share

South Africa-RandSouth Africa-Rep. S. Africa 9.125% 09South Africa-JSE All Share

The Middle East and Africa regional BSI for May was virtually unchanged on last month's survey at 95.6. Predictably, major petroleum plays in the region such as Nigeria and Algeria... 2004-05-21

South Africa-RandSouth Africa-Rep. S. Africa 9.125% 09South Africa-JSE All Share

A combination of a strong US dollar, weaker gold prices and the recent sharp spike in oil prices put downward pressure on the rand yesterday. At one stage, the exchange rate was testing... 2004-05-11

South Africa-RandSouth Africa-Rep. S. Africa 9.125% 09South Africa-JSE All Share

The South African rand has so far found good support at the key ZAR7.0000/US$, as the latest macroeconomic data confirm the confidence of South African Reserve Bank (SARB) governor... 2004-05-05