Rand plunges on coronavirus fears

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Governments and businesses around the world are scrambling to respond to the coronavirus pandemic.

As global markets slow down, authorities are looking at ways to buffer the economic impact of the virus.

As of 7am on Thursday, the rand was trading at R17.48 against the dollar, R19.05 against the euro and R20.10 against the pound.Help protect your loved ones by sharing this officialThe NICD has another Clinician Hotline to improve #COVID19 communication and support for healthcare providers. The Clinician Hotline is 0800 11 1131, operating 24 hrs. The Public Hotline is 0800 029 999 also operating 24hrs.

 

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ForexPeopleSA Oh please. It really doesn’t matter what the cause and invariably RSA has nothing to do with it but by golly the Rand will take the beating! Our currency is the whipping boy of the world.

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