euro

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International

An economist: “There may not be cause for concern as the dollar has been trading against all currencies”

By Kouthar Sambo The rand is weakening against global currencies following the ZAR trading at around R18.26 against the dollar at the close of business on Tuesday. Speaking on VOC's PM Drive show on Wednesday, an economist Ulrich Joubert said there may not be cause for concern as the dollar has been trading against all currencies. "This afternoon the rand was at R18.31 to the dollar, but the rand went […]

today24 July 2024

International News

Iran to replace US dollar with euro in financial reports

The government of Iran has announced plans to replace the US dollar with the euro in official financial reporting, according to state-run media. The move on Wednesday is seen as part of efforts to circumvent restrictions on accessing the US currency amid tensions with Washington, as well as prevent market instability generated due to fluctuations in the value of Iranian rial against the dollar. In a cabinet meeting, the government […]

today19 April 2018

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