The Rand has just broken the R15 to the US Dollar mark. Find out the factors behind the recent volatility, and why the ZAR has hit a new low for this year.

Sable International’s Currency Solved service is a conversion and payments platform for international money transfers. It’s a simple, cost-effective way to manage all your global currency requirements.

Extra income can give you the financial freedom to do what you love. Create an additional revenue stream for you or your business by introducing your clients to our bank-beating forex service.

For businesses involved with imports or exports, or who often deal in foreign currency settlement, exchange rate fluctuations can have a big impact on business. Those involved in Pound transfers have likely seen Brexit increasing their currency risk. For SMEs, exchange rate volatility can be dangerous. One strategy to protect businesses against fluctuations and secure their cash flow is currency hedging.

South Africans are, by now, well familiar with the concept that when there is uncertainty in a country the local currency devalues and becomes volatile. Nowhere is this truer than in the UK as it nears the looming Brexit deadline. But, when a currency is under pressure, it presents fantastic buying opportunities to investors using foreign currency.

Fintech, market disruptors, cryptocurrency - all key words used in my industry to describe some of the ways technology has changed and moulded our industry over the last few years. Now, while I, myself am a millennial and completely value and appreciate technology and the role it has to play in all our industries, I value the worth of a person more. I prefer doing business with a human. Someone who understands my objections and goals with a particular purchase or transaction in mind.

If your business imports or exports, you inevitably have to deal with foreign currency payments. Due to currency fluctuations, this forex exposure can end up costing your business and affecting your bottom line. However, there is a solution: Currency hedging can be used to protect your business against exchange rate volatility, ensuring your cash flow is always protected.

If you have a business with overseas suppliers, work abroad or make regular international money transfers for a pension or mortgage, you’re going to need to send money overseas. Currency exchange can be confusing and there’s a lot to think about before you start transferring. To help you navigate the minefield of foreign exchange, we’ve put together some useful tips to keep in mind when making international transfers.

A business’s forex requirements can range from simple to complex, so it’s important that you hire a forex broker who can help your business maximise outcomes. To help ensure you make the right decision, look out for these four key things when choosing a forex partner for your business.

The one thing about South Africans is that we sure know how to take a punch, and boy have we had to suck up a lot of damage these past two years. The unpredictability and extreme volatility of the Rand has left local investors punch drunk and unable to figure out what their next move should be. In order to preserve or grow wealth as a South African, it’s becoming increasingly important to look abroad to ensure you aren’t held at the mercy of the Rand. But where do you start?