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South African rand cools
South African rand cools after strong gains in data-filled week
The South African rand softened on Friday, cooling off after strong gains in a week that saw interest rate cuts by both the U.S. Federal Reserve and the South African Reserve Bank, plus a local inflation print.
Rand Gains With SARB Poised For First Rate Cut in Four Years
The rand gained Thursday morning ahead of a South African Reserve Bank interest rate decision, where the central bank is expected to deliver its first cut since July 2020.
USD/ZAR: Rand levels to watch as SARB starts rate cuts
The South African rand surged to its highest point since July after the Federal Reserve started cutting interest rates and as the country’s central bank prepares for its cut. The USD/ZAR exchange rate dropped to a low of 17.
South African rand holds firm after first rate cut in four years
The South African rand held onto early gains on Thursday following the South African Reserve Bank's (SARB) decision to cut interest rates for the first time in over four years, after a super-sized interest rate cut by the U.
1d
Ingersoll Rand Inc. stock underperforms Wednesday when compared to competitors
Ingersoll Rand Inc. closed $7.56 short of its 52-week high ($101.30), which the company reached on July 23rd.
News24
3h
'I own houses I've never slept in': The lavish lifestyle and million-rand controversies of Tbo Touch
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 ...
1d
Sen. Rand Paul’s REINvention: The Law That’s About To Lasso Big Government
The new REINS Act improves on previous proposals, requiring Congress to approve costly regulations and guidance, restoring ...
2d
Ingersoll Rand Inc. stock outperforms competitors on strong trading day
Ingersoll Rand Inc. closed $7.33 short of its 52-week high ($101.30), which the company reached on July 23rd.
News24
5h
Gold strikes fresh record high, but rand cools after strong run
The price of gold rose to a fresh record high of more than $2 609 on Friday as the prospect of fresh US interest rate cuts boosted demand for the precious metal.
7d
Litigators of the Week: Ingersoll Rand Enforces a Noncompete Against an Exec Who Jumped Ship to Verboten Competitor
Despite Colorado’s law rendering most noncompete agreements void, a state court judge barred former ILC Dover CEO Corey ...
New York Sun
2d
New Bill From Rand Paul Seeks To Block Presidents From Imposing Tariffs Without Congressional Approval
We must confront the reality that the balance of power is under threat,’ says Senator Paul, who introduced the bill on ...
6d
Lake Zurich approves new housing development on Old Rand Road
The Lake Zurich Mayor and Board of Trustees recently gave the green light to a large, new housing development on a nine-acre ...
2d
on MSN
Rand is below R17.60 against the dollar and reached its best level since July 2023
The economist said the Reserve Bank has successfully brought inflation within its target range, and with global pressures, ...
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South Africa
dollar
Federal Reserve System
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