Trends - rand - Business Recorder

rand

South Africa's rand extends gains as dollar under pressure

The rand traded at 14.3500 against the dollar, 0.35% stronger than its previous close

Published 02 Sep, 2021 12:57pm

Markets

South Korean stocks fall after central bank rate hike; others flat ahead of Powell speech

Investors are also awaiting Federal Reserve chair Jerome Powell's speech at the Jackson Hole symposium for clues over any tapering of stimulus measures

Published 26 Aug, 2021 12:52pm

Markets

South African rand slightly firmer before jobs data

The rand traded at 15.12 against the dollar, roughly 0.1% stronger than its previous close and adding to gains made on Monday

Published 24 Aug, 2021 01:26pm

Markets

Dollar holds near five-day low; kiwi dollar picks up after hawkish comments

Risk appetite in global markets was up, after the US Food and Drug Administration granted full approval to the COVID-19 vaccine developed by Pfizer and BioNTech

Published 24 Aug, 2021 01:25pm

Markets

Russian rouble leads currencies higher as oil rebounds

The commodity-linked rouble was up 0.4% at 73.9190 to the dollar by 0745 GMT, having hit 74.5950 last week - its weakest since July 20

Published 24 Aug, 2021 01:22pm

Markets

South African rand firmer as global sentiment lifts

The rand traded at 15.2700 against the dollar, 0.2% stronger than its previous close

Published 23 Aug, 2021 01:56pm

Markets

South Africa's rand steadies, holds gains made on tame US inflation

The rand had started the week on a weaker footing amid growing anticipation the US Federal Reserve could soon start tapering its monetary stimulus

Published 12 Aug, 2021 12:23pm

Markets

South Africa's rand steadies after tumbling on violent protests

The rand traded at 14.4000 against the dollar, not far off its previous close of 14.4050.

Published 13 Jul, 2021 11:38am

Markets

South African rand steady amid fragile markets

At 0618 GMT the rand traded at 14.3250 per dollar, not far off its previous close of 14.3317

Published 09 Jul, 2021 12:03pm

Markets

South Africa's rand falls on subdued risk appetite

At 0630 GMT, the rand traded at 14.3000 against the dollar, 0.22% weaker than its previous close

Published 01 Jul, 2021 12:16pm

Markets

South African rand little changed at open, tracking dollar

The rand traded at 14.2250 against the dollar, less than 0.1% stronger than its previous close.

Published 24 Jun, 2021 12:57pm

Markets

South Africa's rand hits one-month low on hawkish Fed, stocks fall

The rand fell as low as 14.1600 against the dollar, its weakest since May 17, before paring losses to trade roughly 0.5% weaker at 14.1050 by 1553 GMT.

Updated 17 Jun, 2021 09:21pm

Markets

South African rand dips as markets await US Fed meeting

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.

Updated 15 Jun, 2021 08:46pm

Markets

South African rand set for first red week in four

He said that volumes on the Johannesburg Stock Exchange were quite low suggesting that investors were staying on the sidelines to see where inflation was headed.
The rand was 1.2pc weaker at 13.7475 per dollar, moving further from a 28-month high hit last week.

Published 11 Jun, 2021 11:39pm

Markets

South Africa's rand edges down as dollar firms, stocks slump

The rand was 0.59pc weaker at 13.6050 per dollar, having touched 13.4975 earlier, its firmest level since February 2019.

Published 04 Jun, 2021 12:55am

Markets

South Africa's rand set for monthly gains, commodities lift stocks

The dollar came under pressure more broadly on Monday as traders assessed the impact of a surge in U.S. inflation before monthly jobs data later this week.

Published 31 May, 2021 11:09pm

Markets

South Africa's rand firms, shares rise

The main indexes are now hovering near all-time best highs seen earlier in May, with a strong local earnings complimented by dissipating concerns on inflation.

Published 28 May, 2021 10:18pm

Markets

South Africa's rand flat ahead of expected inflation surge

It also risks turning off investors seeking high returns.

Published 19 May, 2021 12:31pm

Markets

South Africa's rand weaker as rising Asian coronavirus cases dent risk demand

In a poll by Reuters last week, all 25 of economists surveyed see the Monetary Policy Committee (MPC) of South Africa's Reserve Bank (SARB) keeping its repo rate unchanged for a fifth straight meeting at a record low 3.5% next week.

Published 17 May, 2021 03:36pm

Markets

South Africa's rand at 16-month high after Moody's makes no change

The rand rose by 0.36pc to 14.0000 against the dollar, its highest level since early January 2020, from its previous close on Friday of 14.0500.

Updated 10 May, 2021 11:02pm

Markets

South African rand reverses losses after U.S. CPI data

Investors mainly focused on U.S. inflation data for further indications on the direction of lending rates in the world's biggest economy.

Updated 14 Apr, 2021 12:00am

Markets

South Africa's rand down in early trade

Recent demand for emerging-market currencies has been driven by weakness in the US dollar and Treasury yields after minutes from the US central bank's latest meeting showed it was in no hurry to tighten monetary policy.

Published 12 Apr, 2021 02:18pm

Markets

South African rand slips in cautious trade

At 1515 GMT the rand was 0.12pc weaker at 14.5225 per dollar, hardly moved from its overnight close of 14.5050.

Updated 08 Apr, 2021 12:18am

Markets

South African rand hovers near five-week peak as dollar softens

Locally, investor focus is on manufacturing activity and business confidence data expected later in the day.

Published 07 Apr, 2021 12:45pm

Markets

South Africa's rand and stocks firmer in risk-on trade

At 1520 GMT the rand was 0.15pc firmer at 15.5425 per dollar, having touched 14.4900 earlier, its best since Feb. 25.

Updated 07 Apr, 2021 09:51am

Markets

South Africa's rand firms after trade data, stocks down

South Africa's trade surplus widened to 28.96 billion rand ($1.96 billion) in February from a revised surplus of 12.42 billion rand in January, data from the revenue service showed.

Published 31 Mar, 2021 11:42pm

Markets

South Africa's rand and stocks firm ahead of Ramaphosa speech

The currency had a volatile session that saw it weaken to a session low of 14.9950 before recovering, as investors continue to look to moves in global markets for direction.

Published 31 Mar, 2021 12:51am

Markets

South Africa's rand slides after central bank keeps lending rates unchanged

The currency dipped to a session low 15.0875 after the Reserve Bank's (SARB) decision, which while in line with consensus was more dovish in tone than expected.

Updated 26 Mar, 2021 12:05am

Markets

South Africa's rand firms after CPI data, stocks down

At 1540 GMT, the rand was trading at 14.8400 against the dollar, 0.24pc firmer than its previous close.

Published 25 Mar, 2021 12:07am

Markets

South Africa's rand falls as investors look to Fed, Yellen for bond clues

In fixed income, the yield on the government bond due in 2030 was flat at 9.335%.

Published 23 Mar, 2021 07:50pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	278.62
USD PKR Interbank Buying / Apr 18	278.32
USD to Japanese Yen / Apr 18	154.61
USD to Swiss Franc / Apr 18	0.91
Pound Sterling to USD / Apr 18	1.24
Euro to USD / Apr 18	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
India Sensex / Apr 18	72488.99
Tokyo Nikkei / Apr 18	37716.66
Nasdaq / Apr 18	15601.50
Hang Seng / Apr 18	16385.87
FTSE 100 / Apr 18	7877.05
Dow Jones / Apr 18	37775.38
Germany DAX 30 / Apr 18	17837.40

Item	Value
Crude Oil USD/Barrel / Apr 18	82.64
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Gold Spot USD/Ounce / Apr 18	2374.36
Cotton US¢/pound / Apr 18	80.61
Petrol/Litre / Apr 19	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

rand

Most Popular