The South African rand is far weaker than it should be, with its fair value potentially as low as R11.30 to the US dollar. That is the view of Frederick Mitchell, chief economist at Alume Capital, who ...
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When Paula Comings, the head of currency sales for US Bancorp, talks to US importers, she increasingly hears the same message: Their foreign counterparties no longer want to be paid in dollars.
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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...
Have you ever found yourself staring at a PDF file, wishing you could just pull the data into Excel and get to work? Whether it’s a financial report, a client list, or a data-heavy table, PDFs can ...
Converting data from a PDF file into an Excel spreadsheet can be a daunting task, especially when dealing with large datasets. However, Microsoft Excel’s built-in features provide a seamless solution ...
JOHANNESBURG, July 5 (Reuters) - South Africa's rand extended its gains against a weaker dollar on Friday, fuelled by expectations that the Federal Reserve will cut interest rates later this year. At ...
JOHANNESBURG, June 22 (Reuters) - The South African rand fell about 1% on Thursday against a stronger U.S. dollar as a spate of interest rate hikes by several central banks fuelled worries about ...
The US accused South Africa of selling weapons and ammo to Russia. This has caused the rand to drop as much as 2.4% against the dollar. "The arming of the Russians is extremely serious, and we do not ...
JOHANNESBURG, Dec 7 (Reuters) - South Africa's rand was little changed in early trade on Wednesday, while the dollar inched higher against major currencies amid warnings of an impending recession. At ...