Tag : Rand

New Development Bank sells rand-denominated bonds for first time, expert hails move

IFM CorrespondentAugust 28, 2023August 28, 2023

by IFM CorrespondentAugust 28, 2023August 28, 2023

In August 2023, the New Development Bank reportedly issued both R1 billion five-year bond and R500 million three-year note, as the auction attracted R2.67 billion in bids...

Economy

Pound outperforms eight out of ten currencies in 2015

International Finance DeskJanuary 4, 2016

by International Finance DeskJanuary 4, 2016

Big gains against Brazilian real, Turkish lira and South African Rand January 4, 2016: The Olympics may still be a few months away, but for savvy holidaymakers there’s never been a better time to visit Brazil than now. The ongoing recession in South America’s largest economy has seen the real fall in value against sterling...