ZAR - Rand sul-africano
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sempre a apreciar-se em relação ao dólar e ao euro...Elias Escreveu:Tens de explicar um pouco melhor. Antes de 2008 havia correlação?
Talvez não houvesse... Eu sempre associei a subida do rand a partir de 2008 com a subida do preço do Ouro, devido à África do Sul ser um dos maiores produtores mundiais e ainda mais devido à sua economia ser relativamente pequena quando comparada aos outros grandes produtores... Mas posso estar errado.
- Mensagens: 598
- Registado: 9/2/2010 6:36
- Mensagens: 598
- Registado: 9/2/2010 6:36
ZAR - Rand sul-africano
Hoje o ZAR perde mais de 3% face a todas as moedas de referência.
Rand Falls to 10-Week Low on Global Growth Concern; Bonds Drop
By Chris Kay - Aug 8, 2011 4:08 PM GMT
The rand fell to the lowest level in more than 10 weeks against the dollar and South Africa’s 10-year bonds dropped for a second day after the U.S. lost its top credit rating, fueling concern the global recovery will falter.
The currency of Africa’s biggest economy tumbled for a third day, falling as much as 2.1 percent to 7.0698 per dollar, the weakest since May 25. It traded 1.9 percent lower at 7.0560 at 4:37 p.m. in Johannesburg. Against the euro, the rand retreated for a fifth day, declining 1 percent to 9.9786 per euro, the lowest since April 19, 2010.
Stocks slumped worldwide and emerging-market currencies declined after Standard & Poor’s lowered the U.S. rating by one level to AA+, prompting investors to sell riskier assets. Group of Seven nations said they will take every action necessary to stabilize financial markets, and the European Central Bank bought Italian and Spanish government bonds today to stop the fiscal crisis from infecting the area’s third- and fourth- largest economies.
“Rand weakness is broad-based, which illustrates just how it tends to under-perform most currencies in times of turmoil,” Standard Bank Group Ltd. strategists, led by Johannesburg-based Michael Keenan, wrote in a research note today. “Despite assurances from G-7 leaders that they would do ‘whatever it takes’ to calm investor fears, participants are fleeing to safe havens such U.S. treasuries, Japanese bonds, the Swiss franc and Japanese yen.”
South Africa remains “confident” about its projections for economic growth and the budget deficit even as risks to the global economy increased following the U.S. debt downgrade, the National Treasury and Reserve Bank said in a joint statement today. The nation’s economy is forecast to expand 3.7 percent this year, the Reserve Bank’s Governor Gill Marcus said July 21.
The 6.75 percent government securities due 2021 weakened 15 cents to 91.390 rand, driving the yield up two basis points, or 0.02 percentage point, to 8.049 percent.
Rising yields are “a knee-jerk reaction to the U.S. downgrade,” Tradition Analytics researchers led by Johannesburg-based Quinten Bertenshaw wrote in a e-mailed note.
To contact the reporter on this story: Chris Kay in London at ckay5@bloomberg.net
To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net
Rand Falls to 10-Week Low on Global Growth Concern; Bonds Drop
By Chris Kay - Aug 8, 2011 4:08 PM GMT
The rand fell to the lowest level in more than 10 weeks against the dollar and South Africa’s 10-year bonds dropped for a second day after the U.S. lost its top credit rating, fueling concern the global recovery will falter.
The currency of Africa’s biggest economy tumbled for a third day, falling as much as 2.1 percent to 7.0698 per dollar, the weakest since May 25. It traded 1.9 percent lower at 7.0560 at 4:37 p.m. in Johannesburg. Against the euro, the rand retreated for a fifth day, declining 1 percent to 9.9786 per euro, the lowest since April 19, 2010.
Stocks slumped worldwide and emerging-market currencies declined after Standard & Poor’s lowered the U.S. rating by one level to AA+, prompting investors to sell riskier assets. Group of Seven nations said they will take every action necessary to stabilize financial markets, and the European Central Bank bought Italian and Spanish government bonds today to stop the fiscal crisis from infecting the area’s third- and fourth- largest economies.
“Rand weakness is broad-based, which illustrates just how it tends to under-perform most currencies in times of turmoil,” Standard Bank Group Ltd. strategists, led by Johannesburg-based Michael Keenan, wrote in a research note today. “Despite assurances from G-7 leaders that they would do ‘whatever it takes’ to calm investor fears, participants are fleeing to safe havens such U.S. treasuries, Japanese bonds, the Swiss franc and Japanese yen.”
South Africa remains “confident” about its projections for economic growth and the budget deficit even as risks to the global economy increased following the U.S. debt downgrade, the National Treasury and Reserve Bank said in a joint statement today. The nation’s economy is forecast to expand 3.7 percent this year, the Reserve Bank’s Governor Gill Marcus said July 21.
The 6.75 percent government securities due 2021 weakened 15 cents to 91.390 rand, driving the yield up two basis points, or 0.02 percentage point, to 8.049 percent.
Rising yields are “a knee-jerk reaction to the U.S. downgrade,” Tradition Analytics researchers led by Johannesburg-based Quinten Bertenshaw wrote in a e-mailed note.
To contact the reporter on this story: Chris Kay in London at ckay5@bloomberg.net
To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net
- Mensagens: 35428
- Registado: 5/11/2002 12:21
- Localização: Barlavento
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