rand.
official currency of South Africa
- Reports this week
- 1
- Active events
- 1
- Connections
- 26
What's happening
Active this week
One to three months ago
Gone quiet
No new reports in 90+ days-
Southern African currencies, including the Rand and Pula, showed varied performance, with insights provided on Zim dollar movements.Some support2 reports
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Market downturns are underway due to the war in the Middle East, highlighting the risks associated with over-reliance on a few key stocks.Some support2 reports
No events began in the chosen period. Widen it, or reset.
What's reaching rand
Events traced to rand, step by step, newest first- Fiscal stability efforts may support the rand's valueImproved fiscal outlook and commodity revenues may support the rand's stability.Likely
- Global investment trend may put pressure on the randCapital outflow from global investment may increase pressure on the rand.Possible
- Boxer's stable leadership transition may bolster investor confidence in the randBoxer's stable leadership transition may bolster investor confidence in the rand.Possible
- Rand holds steady against dollar amid inflation fearsRand steady against dollar amid inflation concernsReported
- SARB rate hike targets rand stability amid global inflationThe rate hike aims to protect the rand's value against global inflation shocks.Reported
Around rand this week
News at the entities that move rand most-
US Dollar (Next day) OperationalAgreement with Iran pushes Brent Crude below $80, while the Fed's decision and conflict fallout affect gold and the US Dollar.Moves rand
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central bank StructuralToghrul Aliyev has been appointed as Deputy Chairman of the Central Bank of Azerbaijan.Moves rand
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Enoch Godongwana OperationalCraig Wilkinson called on Finance Minister Enoch Godongwana regarding funding needs in South Africa.Moves rand
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South Africa StructuralThe South African government is considering measures to ease the financial burden caused by rising fuel prices.Moves rand
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Johannesburg Stock Exchange StructuralOld Mutual shares were transferred to the Johannesburg Stock Exchange as collateral.Moves rand
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Dollar OperationalFed Chair spoke at IMF meetings, leading to downward repricing of rate hike expectations and supporting crypto sentiment.Moves rand
Connections
The 18 strongest of 26, analyzed from the reporting. The bars show how strongly a change on one side reaches the other.-
South Africa Structural
The Rand is the official currency of South Africa, and its value is intrinsically linked to the nation's economic health and trade stability.
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Johannesburg Stock Exchange Structural
Rand movements and broader market trends interact, with currency fluctuations affecting JSE performance and vice versa.
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JSE Structural
The JSE operates as a financial market whose performance and transactions are denominated and measured using the rand currency unit.
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central bank Structural
The central bank maintains the currency peg and its data influences the rand's value.
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Dollar Operational
The Dollar's strength exerts pressure on the Rand's value due to market dynamics.
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South African Reserve Bank Operational
SARB's monetary policy directly influences the rand's stability and value, which SARB subsequently monitors and reports.
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Brent Structural
Brent crude oil price movements significantly influence the value and trading of the South African Rand.
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FED Operational
The rand market closely monitors the US Federal Reserve for policy signals regarding interest rates and monetary guidance.
Show all 18 connections
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kwanza Operational
The kwanza settlement is observed to reduce reliance on the rand.
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Petra Diamonds Operational
The Rand's strength is cited as a factor supporting Petra Diamonds' business profile.
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Middle East Shared context
The Middle East's supply disruptions and conflict influence global fuel costs, impacting the financial environment in which rand operates.
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Enoch Godongwana Operational
Enoch Godongwana's budget policy statements and fiscal outlook are viewed as key drivers influencing the rand's value and investor expectations.
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US Dollar (Next day) Operational
The market value of the rand is influenced by global factors, specifically the strength and sentiment of the US Dollar.
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Zimbabwe Shared context
A financial entity operates within the regional economic context of Zimbabwe.
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New York Mentioned together
The relationship is evidenced by the fact that US Treasury actions and bond market rallies affect the financial entity rand.
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Jackson Hole Mentioned together
The Jackson Hole symposium provides signals regarding central bank policy, which influences the market state represented by rand.
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Saudi Arabia Shared context
Saudi Arabia's geopolitical actions influence global oil prices, affecting the financial market context of rand.
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Nedbank Shared context
Nedbank operates within the South African financial market context defined by the rand.