ETM ANALYTICS

South African Rand Strengthens as Gold Prices Achieve Historic High

March 18, 2025March 18, 2025 - by Liam Nguyen - Leave a Comment

The South African rand appreciated by 0.4% to 18.0175 against the dollar, bolstered by gold prices hitting a record high of $3,018.66. Analysts anticipate that this increase may incentivize local …

Business / Companies / economics

South African Rand Strengthens Amid U.S. Recession Concerns and Budget Anticipation

March 11, 2025March 11, 2025 - by Carmen Mendez - Leave a Comment

The South African rand improved slightly against a weakened U.S. dollar as investors prepared for important U.S. inflation data and the local budget presentation. The rand traded at 18.30 per …