SA supply chains, tourism taking a hit from coronavirus outbreak - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

The Reserve Bank says the impact of the coronavirus is already starting to affect supply chains, global logistics and tourism via SABCNewsOnline

The Reserve Bank says the impact of theThe Central Bank says the financial market reactions reflect the uncertainty the world is facing. It says that based on this assessment it would take appropriate steps in accordance with its constitutional mandate to mitigate the risks to the South African economy.

“Investors are trying put a bottom in here,” said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey. The dollar rallied after huge losses against the safe-haven Japanese yen and Swiss franc, but analysts said it was too early to predict a floor. The greenback plunged on Monday after the Saudi-Russia price war triggered the biggest daily rout in oil prices since the 1991 Gulf War.

Russian oil minister Alexander Novak said he did not rule out joint measures with the Organization of the Petroleum Exporting Countries to stabilize the market.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 32. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Four new coronavirus cases confirmed in South Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Health Minister Zweli Mkhize says four more people have tested positive for CoronavirusInSA CoronavirusOutbreak via SABCNewsOnline The 5th one Tomorrow it's gonna be 12
La source: SABC News Online - 🏆 32. / 51 Lire la suite »

SA boxers can still qualify for Tokyo Olympics - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The door is open for South African boxers to qualify for and take part in this year's Tokyo Olympics Games in July. This follows the intervention of SASCOC trying to resolve the impasse involving SANABO. Only now?Shouldn't they be preparing for the Olympics now?
La source: SABC News Online - 🏆 32. / 51 Lire la suite »