Jargon buster: Budget deficit

Economists forecast that SA will have a so-called budget deficit in 2009. What does this mean?

Get the low-down on the budget

Listen to SA's best economists and tax pros on their hopes and fears for this year's budget.
Where am I? Fin24.com  > Markets > Currencies
Currencies

Rand won't recover - RMB

Feb 10 2009 15:45

The rand will retreat back to R10/$ and won't stage a big comeback, like it did following its slump in 2001, Rand Merchant Bank's analysts say.

Currencies

Dollar mixed before US vote

Feb 10 2009 15:39

The dollar is mixed against rival currencies in European deals as the market nervously awaits a US Senate vote on President Barack Obama's economic stimulus plan.

Currencies

Rand stable despite r/aversion

Feb 10 2009 12:42

The rand is off its strong previous levels but is proving quite resilient compared to many of its counterparts.

 
Currencies

Euro falls vs yen

Feb 10 2009 10:24

The euro has fallen 1% against the yen after a report that Russia will request negotiations with European banks to postpone repayment of private-sector debt.

Currencies

Rand firm, eyes global events

Feb 10 2009 09:13

After trading down to R9.53 per dollar, the rand has moved back into the R9.60s, but has proved quite resilient as the euro comes off its highs against the dollar.

Inside Fin24.com

McGregor BFA

Indicators

Last updated: Tue 18:44
  Value   %
All Share 21,440.17 -1.13
Top 40 19,409.82 -1.40
Resource 20 40,202.55 -1.71
Industrial 25 16,211.58 -0.81
Financial 15 5,825.32 -0.81
Daily brent crude ($/bbl) 45.90 0.63
ZAR/USD 9.86 2.94
ZAR/EUR 12.71 2.28
ZAR/GBP 14.32 0.41

View data hub

Company Snapshot

Blogs

Podcasts

Video

Vote

Q: Is protectionism ultimately the best way for a nation to revive its economy?

Yes, since it focuses on its own growth and survival above all else.
26%
No, it goes against world trade policies and may damage other nations.
64%
What is protectionism?
10%
View results...  |  Previous results...

Read it in FinWeek

Finweek

Rich pickings for AltX vultures

2009/02/12

THEY CAME, THEY SAW and - for a while - they conquered. But now the JSE's ranks of newly listed companies have been scattered by imploding investment sentiment, with share prices rapidly retreating since mid-2008. More...