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Currencies

Rand holds on to gains in volatile trade

Sep 23 2011 18:37

The rand held on to its gains in late afternoon trade in a volatile market.

Currencies

Rand firmer, but still vulnerable

Sep 23 2011 13:11

The rand remained firmer against the dollar in noon trade, recouping some losses but still facing significant risks after hitting 8.4950 in overnight trade.

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Currencies

Battered rand comes off 28-month low

Sep 23 2011 10:17

The rand has bounced from a 28-month low hit the previous session, in what dealers said was a correction after being oversold.

Currencies

Rand in red as rates held steady

Sep 22 2011 18:05

The Reserve Bank kept interest rates on hold but its warning that a weaker rand could fuel inflation, together with risk aversion, caused the unit to plunge.

Currencies

Rand hits low on inflation warning

Sep 22 2011 15:59

The rand plunged to a 26-month low against the dollar after Reserve Bank governor Gill Marcus said its depreciation posed a risk to inflation.

Currencies

Rand off lows but still vulnerable

Sep 22 2011 08:05

The rand has bounced from a two-year low against the dollar, but is still under pressure a day after recording its biggest daily fall since October 2008.

More news

Sep 22 -

Dollar jumps as dealers seek safety
Sep 21 -

Battered rand tipped to hit R8.00/$ soon
Sep 21 -

Panic dollar buying knocks rand
Sep 21 -

Rand hits 15-month low against dollar
Sep 21 -

Rand recovers but not out of woods
Sep 20 -

Rand gets boost from bond buying
Sep 20 -

Under pressure rand extends losses
Sep 20 -

Japan unveils yen-mitigation package
Sep 19 -

Rand hammered as risk aversion rises
Sep 19 -

Rand sinks to new low against dollar

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Aug 23 2011 11:33

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NicolaaSmith

Fiat money has real value The actual material our money is made of today has, for practical purposes, no intrinsic value in itself. Our monetary unit is fiat money that is created by government fiat or decree. The government declares fiat money to be legal tender. In the past monetary coins were ma... Read their blog...