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Rand rout on the cards as Citigroup, Morgan Stanley's bearish bets stack up - BizNews

(Bloomberg) — South Africa's rand has held up remarkably well this quarter, considering the headwinds: an economy in recession, credit ratings reduced to junk, a government mired in allegations of corruption and a ruling party distracted by a power ...and more »

South African Rand Weakens Against the Pound After Emerging Market Exodus - Pound Sterling Live

The South African Rand weakened versus the Pound on Friday after emerging markets fell out of favour with investors, and political risks dominated the horizon. Surprisingly high levels of growth in the US, which saw GDP Q1 results revised up to 1.4 ...and more »