Rand Strengthens to Week-High on Global Recovery Signs, European Debt Plan Q
Bloomberg reported the rand advanced to its strongest level in a week as commodity prices rallied amid signs the global economy is recovering.
Articles Tagged "rand"
Impala Platinum Holdings dipped for second day
Impala Platinum Holdings , the world’s second- leading platinum producer, dipped for a second day, sliding 9.99 rand, or 5.8 percent, to 162.01 rand. For full story, click here
Strong rand made platinum stocks a purchase
The rand has been particularly strong lately, not only against the US dollar but also against other major currencies and has affected the profits of resource stocks as rand platinum price acts as an indicator of whether or not to buy South African platinum stocks. For full story, click here
Rand strengthened against dollar due to platinum, gold
South Africa’s rand strengthened against the dollar as higher prices for gold and platinum, the nation’s biggest export earners, boosted prospects the nation may manage to reduce the deficit on its current account. For full story, click here
Rand Snaps Four-Day Drop Versus Dollar as Platinum Climbs
South Africa’s rand snapped a four- day decline against the dollar as higher prices for gold and platinum, the nation’s biggest export earners, boosted revenue prospects for the world’s largest producer of precious metals. For full story, click here
