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South African Rand Jumps as ANC Heads to Victory in Election

The South Africa rand jumped against the US dollar today on the positive outcome of the national election.

Rand Gains on News About Possible End to President Zuma’s Rule

The South African rand gained on the US dollar today after news broke out that President Jacob Zuma, who was in power since 2009, may lose his post.

Rand Continues to Rise, Analysts Expect Rally to Lose Steam

The South African rand continued to rise today, extending its rally caused by the Monday’s voting for the leadership of the ruling African National Congress.

South African Rand Gains as Traders Wait for ANC Leadership Vote Results

The South African rand gained against the US dollar today ahead of the results of voting for the country’s ruling party leadership.

South Africa Crashes on Ramaphosa Speculation

While the political turmoil in Spain took the spotlight in the news, other countries around the world were not immune to their share of problems in politics. South Africa was one of such countries, and that sent the South African Rand crashing down against the US dollar.

Rand Reaches This Year’s Record, Being Top Performer

The South African rand climbed today, rising to the highest level this year, on speculations that the current ruling political party will remain in power, while positive economic news from China increased attractiveness of riskier currencies in general. The rand is the best performer against currencies of emerging economies.

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