JOHANNESBURG, Nov 26 (Reuters) – The South African rand strengthened on Wednesday after muted U.S. economic data bolstered expectations of an interest rate cut by the Federal Reserve in December, ...

(Bloomberg) -- The rand strengthened below 17 per dollar for the first time since February 2023 after the government adopted a lower inflation target, suggesting interest rates may stay higher for ...

Takeaway USD/ZAR is approaching a make-or-break support zone. Technicals favour more downside, fundamentals support a stronger rand, and sentiment leans toward continued seller control. A decisive ...

The rand has broken past a key resistance level against the US dollar to trade below the R17.00/$ mark – its best level since early 2023. Following an optimistic and credible medium-term budget ...

Ethiopia started talks with China to convert at least part of the $5.38 billion it owes Beijing into yuan-denominated loans, following an example set by Kenya that bolsters China’s efforts to ...

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Despite millions spent on financial software, many finance teams still rely on Excel to close their books and reconcile numbers while preparing them for audit. Two former Microsoft executives view it ...

JOHANNESBURG, Sept 23 (Reuters) - The South African rand was flat on Tuesday, extending a two-week period of stability against the dollar as investors waited for local drivers to emerge. At 0815 GMT ...

Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to yuan and extend the repayment period, Treasury Secretary John Mbadi said.

The FSC will introduce a bill that’s expected to provide guidelines on issuance, collateral management and internal control systems for stablecoins. South Korea is reportedly preparing to introduce a ...

Representative Tom Emmer, the sponsor of the US House’s Anti-CBDC Surveillance State Act, said the bill, if passed, would significantly limit the Federal Reserve’s ability to issue a central bank ...