Tag Archives: Emerging markets

S.Africa’s rand hits 6-mth low, targets 8.60/dollar

May 31, 2012 by IndepthAfrica

South Africa’s rand hit a fresh six month low against the dollar early on Thursday before recouping some of its losses but could resume a slide towards 8.6 as Europe’s debt woes drive investors away from emerging market assets to … read more »

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S.Africa’s rand steady after dismal 2011

December 30, 2011 by IndepthAfrica

South Africa’s rand held steady against the dollar in early trade on Friday but was set to end 2011 as one of the worst-performing currencies of the year, suffering a whiplash reaction from investors spooked by Europe’s debt crisis. The … read more »

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South Africa / IMF Managing Director Christine Lagarde to Visit South Africa

December 20, 2011 by IndepthAfrica

OHANNESBURG, South-Africa, December 20, 2011/African Press Organization (APO)/ — Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), will visit South Africa from January 5¬-7, 2012. Ms. Lagarde will meet with the Presidency, the key economic ministers, as … read more »

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S.Africa’s rand falls 2.8 percent on risk aversion

September 26, 2011 by benim

South Africa’s rand fell as much as 2.8 percent against the dollar in early Monday trade, the worst performance out of a basket of 20 emerging market currencies, hit by persistent debt concerns in the euro zone. Government bonds were … read more »

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S.Africa rand begins week lower, could weaken more

September 5, 2011 by benim

South Africa’s rand started the week on the back foot against the dollar in early Monday trade, as the euro came under pressure and a bleak outlook for commodity-linked currencies clouded an already dim global growth picture. The rand is … read more »

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