Harare has imposed to surrender about one-third of foreign-currency receipts to its central bank to rebuild its foreign ...

The planned introduction of a new series of ZiG banknotes is being viewed as a crucial step toward improving cash ...

Despite its recent bullish run, South Africa’s rand remains undervalued at current levels, according to a survey of investors and economists. ・South Africa's currency, the rand, recently witnessed ...

The Reserve Bank of Zimbabwe was not considering the use of the rand to anchor its worthless currency, the central bank said yesterday. This follows a suggestion by President Kgalema Motlanthe on an ...

The USD/ZAR exchange rate continued its rally this week as the dollar debasement trade gained momentum. It dropped for four ...

A gauge of expected volatility for the rand versus the dollar is at its lowest level since the turn of the century, suggesting traders expect little upheaval for the South African currency as the year ...

South Africa’s currency is on track for its biggest August gain in two decades, with stocks not far behind, as a weakening dollar spurs demand for high-yielding assets outside the US. The rand is up 3 ...

JOHANNESBURG, Nov 24 (Reuters) - The South African rand started the week on the front foot on Monday, helped by stronger global risk appetite linked to growing expectations of a Federal Reserve ...

By Nelson Banya Feb 25 (Reuters) - South Africa's Valterra Platinum said on Wednesday it is owed $100 million in 2025 export proceeds by Zimbabwe's government, which has started making some payments ...

A year ago, you’d have had to pay R18.49 for a US dollar if you wanted to buy something from the US. Yesterday, you’d have had to pay just R16.05.