Page 3 - உற்பத்தி ப்ரொடக்ஶந் குறியீட்டு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from உற்பத்தி ப்ரொடக்ஶந் குறியீட்டு. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In உற்பத்தி ப்ரொடக்ஶந் குறியீட்டு Today - Breaking & Trending Today

Rand report: Rand strengthens on the back of stimulus optimism

Rand report: Rand strengthens on the back of stimulus optimism
(Partner Content) The rands’ momentum was briefly halted by strong dollar demand on Thursday. In addition to its safe-haven appeal, the dollar benefitted from the progress of the USD 1.9 Trillion stimulus relief plan and strong performance in the US equity market.
Last week, the rand made significant gains against developed market currencies, whilst riding another wave of positive global sentiment. Emerging market currencies rallied for three consecutive days, alongside successful Covid-19 vaccination rollouts and renewed optimism about the US stimulus plan. After a partial correction on Thursday, driven by short-term dollar demand, the rand powered past the R15.00 resistance level, closing the week at R14.84 against the US dollar. The GBP/ZAR pair also traded downwards throughout the week, while emerging market equities ended in the green. ....

South Africa , United Kingdom , South African , Joe Biden , Democratic Party , Dow Jones , Kamila Harri , President Ramaphosa , Trade Balance , Business Confidence Index , Consumer Price Index , Harmonised Index , Consumer Prices , Governor Baily , Manufacturing Production Index , ஒன்றுபட்டது கிஂக்டம் , ஓஹோ பிடென் , ஜனநாயக கட்சி , டோ ஜோன்ஸ் , கமிலா ஹரி , வர்த்தகம் சமநிலை , வணிக நம்பிக்கை குறியீட்டு , நுகர்வோர் ப்ரைஸ் குறியீட்டு , நுகர்வோர் ப்ரைஸஸ் , கவர்னர் பெய்லி , உற்பத்தி ப்ரொடக்ஶந் குறியீட்டு ,

Pound To Rand Rate Dips As As Risk-on Market Mood Boosts Risky Assets

The Pound to South African Rand (GBP/ZAR) exchange rate dipped following news that the European Union (EU) had already drawn up no-deal Brexit contingency plans.
Furthermore, UK Foreign Minister, Dominic Raab, said that it was ‘unlikely’ that negotiations will extend beyond Sunday, sparking off concerns as the two sides struggle to find a consensus.
Mr Raab added:
‘We are rapidly approaching the point where we need some finality.’
Meanwhile the President of the European Commission, Ursula von der Leyen, said that a ‘fine balance of fairness’ had not been ‘achieved so far’.
As a result, GBP investors are becoming increasingly concerned that the UK could be headed for a chaotic exit from the EU on January 1st. ....

South Africa , United Kingdom , South African , Elisabeth Andreae , Colin Lawrence , Dominic Raab , International Money Transfer Provider Of The Year , Exchange Rate , European Union , European Commission , Exchange Rate Falls As Covid , South African Rand , United Kingdom Foreign Minister , African Rand , Exchange Rates Rise , Risk On Market Mood Boosts Risky , Manufacturing Production Index , Rate Forecast , Could Sterling Rise , Brexit Trade , International Money Transfer Provider , Retreats From Highs , Market Sentiment Sours , Grate Falls , Hopes Boost , Brexit Deal Doubts ,