Inter Africa Bureau De Change was licensed by the South African Reserve Bank to operate as an Authorised Dealer in Foreign Currency with Limited Authority (ADLA) in September 1999. Our first branch opened in that same year at the Kopfontein Border Post between South Africa and Botswana.
The rand is one of the most volatile currencies around the world, reacting sharply on controversial political moves in SA, while also gaining at times on global uncertainty.
The JSE has been in limbo together with global markets, with the major indices moving only marginally as investors mostly occupied the sidelines.
Nigeria's naira is quoted at an all-time low of 412 per dollar on the parallel market as a dollar shortage persists, traders say.
The pound has been headed for its first weekly gain versus the euro since mid-July as economic data continue defying post-Brexit expectations for a slowdown.
China’s shares have tumbled the most since July on concern the government will take steps to cool speculative activity in the nation’s financial markets.
Gold has traded near a one-month low after a five-day skid as investors ticked off the hours until an address by Federal Reserve Chair Janet Yellen.
Emerging-market currencies and stocks have been headed for weekly declines on concern Federal Reserve Chair Janet Yellen will signal a US rate hike.
The rand is heading for the biggest weekly drop since December as a statement of support for Pravin Gordhan by President Jacob Zuma failed to ease investor concerns.
The rand has weakened against the dollar as a statement by President Jacob Zuma failed to allay market concern about the future of Finance Minister Pravin Gordhan.
US stocks have headed modestly lower in opening trade despite buoyant industrial production and jobless claims data that pointed to continued strength in the economy.
If you have any questions about our products or something else, please email us or call us. We"ll get in touch with you as soon as possible.
Parkview Lifestyle Centre
c/o Garsfontein & Netcare Roads
Tel: +27 (0) 12 993 0021
Fax: +27 (0) 12 998 9009
If you would like to receive our newsletter, please click on the button below.Signup now