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A Single African Currency-What It Would Mean for Global Currencies?
August 21, 2018--There has been speculations in recent years as to the real reason behind the removal of Libya's Muammar Gaddafi with one of the most popular theories being that he was in the process of establishing a single gold-backed currency for Africa called the Gold Dinar.
Many conspiracy theorists are of the opinion that Gaddafi's new plan for Africa would have meant an entirely new banking system for the continent which would have taken ...
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Source: allafrica.com
JSE tracks higher as US-China trade talks lift global markets
August 20, 2018--All the major indices on the JSE closed firmer on Monday, as the local bourse tracked higher on optimism over the US-China trade talks.
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Source: FIN24
Vulnerable rand braces for US Fed minutes
August 20, 2018--The rand which breached the R15/$ mark last week remains vulnerable as the US Federal Reserve Bank will release minutes of its August meeting.
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Source: FIN24
JSE struggles to maintain earlier momentum
August 17, 2018--The JSE barely closed firmer on Friday as it struggled to maintain earlier gains.
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Source: FIN24
Rand breaches R15/$ in volatile trade
August 17, 2018--Andre Botha, senior currency Dealer at TreasuryONE, said in a morning note that the rand was still taking its cue from risk-averse emerging market sentiment.
a href="https://www.fin24.com/Markets/Currencies/another-volatile-day-for-the-rand-as-it-falls-to-r1480-20180817" TARGET="_blank">view more
Source: FIN24
JSE wrap: Stocks rebound to lift the JSE
August 16, 2018--The JSE rebounded to close firmer on Thursday following Wednesday's sharp sell-off.
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Source: FIN24
Volatile rand continues to see-saw around the R14.50/$-level
August 16 2018--Analysts say the period of sharp volatility for the local currency is likely to continue, with both local and international factors playing a role.
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Source: FIN24
Rand plunges on renewed land reform rumours, Moody's warning
Naspers drags JSE All-Share index down after Tencent earnings results
JSE wrap: Blue chips pull back as rand stages mild recovery
August 15, 2018--The rand has slumped more than 3% due to renewed uncertainty over South Africa's land reform plan and a Moody's warning on the country's fiscal deficit.
Source: FIN24
August 15, 2018--Naspers has come under pressure following the release of its Hong Kong listed associate, Tencent's second quarter earnings results.
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Source: FIN24
August 14, 2018--The JSE eased as rand hedges retreated due to the firmer rand, but Gold Fields grabbed the headlines following the release of its trading statement.
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Source: FIN24
