BR100 Decreased By (-0.15%)
BR30 Decreased By (-0.74%)
KSE100 Decreased By (-0.41%)
KSE30 Decreased By (-0.67%)
BECO 5.80 Decreased By ▼ -0.23 (-3.81%)
BML 58.03 Increased By ▲ 5.28 (10.01%)
BOP 33.85 Decreased By ▼ -0.40 (-1.17%)
CNERGY 8.15 Decreased By ▼ -0.01 (-0.12%)
DCL 11.77 Decreased By ▼ -0.57 (-4.62%)
FCCL 53.35 Decreased By ▼ -0.54 (-1%)
FCSC 5.40 Increased By ▲ 0.18 (3.45%)
FFL 17.89 Decreased By ▼ -0.14 (-0.78%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.06 Increased By ▲ 0.06 (0.55%)
KEL 8.05 Decreased By ▼ -0.06 (-0.74%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 87.19 Decreased By ▼ -0.86 (-0.98%)
NBP 184.60 Decreased By ▼ -1.88 (-1.01%)
PACE 11.62 Increased By ▲ 0.90 (8.4%)
PAEL 40.31 Increased By ▲ 0.37 (0.93%)
PIAHCLA 26.10 Decreased By ▼ -0.07 (-0.27%)
PIBTL 17.09 Decreased By ▼ -0.23 (-1.33%)
PPL 228.40 Decreased By ▼ -4.38 (-1.88%)
PRL 34.59 Decreased By ▼ -0.36 (-1.03%)
PTC 67.35 Decreased By ▼ -0.21 (-0.31%)
SEARL 91.00 Increased By ▲ 0.07 (0.08%)
SSGC 26.90 Decreased By ▼ -0.27 (-0.99%)
TELE 8.53 Decreased By ▼ -0.04 (-0.47%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.29 Increased By ▲ 0.53 (6.05%)
TREET 24.59 Increased By ▲ 0.05 (0.2%)
TRG 71.69 Decreased By ▼ -0.06 (-0.08%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Topic

rand vs dollar

South African rand dips as markets await US Fed meeting

South African rand dips as markets await US Fed meeting

Updated 15 Jun, 2021 08:46pm
  • Rand traded at 13.8050 against the dollar, 0.2% weaker than its previous close.
  • South African financial markets will be closed for a public holiday on Wednesday when the Fed statement will be released.
South Africa's rand rallies to near 18-month peak, stocks rise

South Africa's rand rallies to near 18-month peak, stocks rise

Published 21 May, 2021 09:21pm
  • Rand was 0.21% firmer at 13.9400 against the dollar, trading at its strongest levels since late December 2019.
  • "The combination of higher domestic yields and falling FX volatility is making the rand more attractive as a carry currency."
South Africa's rand firmer as Fed fears ease

South Africa's rand firmer as Fed fears ease

Published 18 May, 2021 08:57pm
  • "Traders may prefer to sit on their hands until after the SARB provides fresh insights into its assessment of prevailing economic conditions and prospective monetary policy."
South Africa's rand holds gains as dollar slips

South Africa's rand holds gains as dollar slips

Published 06 Apr, 2021 11:47am
  • Rand traded at 14.5600 against the US dollar, largely unchanged from its previous close. The currency hit a five-week high of 14.5250 on Monday.
  • In fixed income, the yield on the benchmark government bond due in 2030 was down 3 basis points at 9.535% in early deals.
South Africa's rand recovers, stocks rise

South Africa's rand recovers, stocks rise

Published 29 Mar, 2021 09:32pm
  • The domestic currency will remain erratic, swinging rapidly both stronger and weaker, as global market events continue to impact its direction.
  • Stocks surged on Monday extending a massive gain seen on Friday as hopes of a faster local economic recovery added on to positive global cues.
South African rand retreats from post-Fed rally, stocks edge up

South African rand retreats from post-Fed rally, stocks edge up

Published 18 Mar, 2021 09:52pm
  • The SARB has most likely reached the end of its lowering cycle and will start moving towards a hiking cycle, albeit only from next year onwards.
  • The slow vaccination roll-out programme, which raises the concern of a third wave of Covid-19 infections, and more intensive electricity outages remain the biggest downside risk to the economy over the short term.
South Africa's rand steadies as Fed verdict looms, stocks fall

South Africa's rand steadies as Fed verdict looms, stocks fall

Published 17 Mar, 2021 08:45pm
  • "Today's FOMC meeting is perhaps the most crucial in the last six months," RMB analyst Nema Ramkhelawan-Bhana said in a note.
  • "For markets, the most important outcome relates to the Fed's view on rising treasury yields. It is the uncertainty surrounding these issues that has engendered mixed trade on international markets."
Loading...