“The rand has taken a big knock, we are currently trading above R19.
The Fitch downgrade came as a big surprise, the Moody’s one, perhaps not so much of a surprise it was widely expected, potentially we could even see R20 to the dollar.”This entry was posted on 05 Apr 2020,07:38AM at 7:38 AM and is filed under
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: eNCA - 🏆 49. / 51 Read more »
Rand on track for longest weekly losing streak in 14 yearsThe local currency was down 6.5% for the week, making this its longest losing streak since 2006
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: TheCitizen_News - 🏆 6. / 75 Read more »
MARKET WRAP: JSE ends lower but records weekly gain on rand hedges and minersWith the rand plumbing record lows, companies that benefit from overseas sales did well this week Already trying to put a positive spin on it, one can only wonder if the same would have been said had it been Zuma at the healm
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Booze worth half-a-million rand seized from Cape tavern flouting lockdown rulesA Dunoon tavern owner's scheme to take his business to his clients while they were confined to their homes by the 21-day national lockdown has backfired badly. lockdown Can we get rid of this poes in a hat already This was a stupid idea to operate business under lockdown rules. Bheki Cele doesn't play
Source: IOL - 🏆 46. / 51 Read more »