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This article is for subscribers only. Rand Merchant Bank said it’s formed a partnership with KOKO Networks, a clean cookstove company, to boost its carbon business.
The USD/ZAR exchange rate dropped to a low of 17.72, its lowest level since July 25, and 3.3% below this month’s high.
* Rand up 0.33 percent at 14.3015 by 0645 GMT, compared with Wednesday's New York close at 14.2810.
At 1525 GMT, the rand ZAR=D3 traded at 17.2050 against the dollar, over 0.4% weaker than its previous close. The dollar was about 0.3% firmer against a basket of major currencies =USD.
The second place by value was secured by HSBC, with advisories on deals worth $1.3bn. It was followed closely by Rand Merchant Bank at $807m, Barclays at $801m, and Clairfield International at $750m.
JOHANNESBURG, March 30 (Reuters) - South Africa's rand firmed in early trade on Thursday, ahead of a central bank interest rate decision later in the day. At 0637 GMT, the rand ZAR=D3 traded at 18 ...
With Rand Merchant Bank as the newest liquidity provider on SGX FX, traders will benefit from a selection of neutral mid, inventory skewed USDZAR spot FX Electronic Spot Pricing (ESP), Request for ...
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