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What actually moves the Rand

Plain-English insight for South African importers and exporters.
Understand what is driving the market, so you can make an informed decision about your own exposure.

When US Rates Rise but the Dollar Falls
FX Market Insight

When US Rates Rise but the Dollar Falls: What America's Debt Means for the ZAR

US interest rates are near two-decade highs, yet the Dollar is falling. Here is what is really driving it, and what it means for the ZAR.

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20 August 2026
What Gold Is Really Telling You About the Rand
FX Market Insight

What Gold Is Really Telling You About the Rand

US rates, the Dollar and geopolitical risk are all shaping the Rand. Here is what Gold's rally is really telling you.

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18 August 2026
What Actually Moves USD/ZAR
FX Market Insight

What Actually Moves USD/ZAR

Seven forces move USD/ZAR, and which one is driving changes by the day. A practical guide for importers and exporters.

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4 August 2026