Rand slightly weaker on Monday

File: The rand surprisingly held its ground following the US Federal Reserve’s interest rates hike.

But a risk-off mood as Monday’s session commenced kept the rand above the R14.00 mark, a key technical and psychological level targeted by rand bulls looking to lock in the price before volatility intensifies ahead ofBonds were slightly weaker, with the yield on the benchmark paper due in 2026 up 0.5 basis points to 8.515%.

The Johannesburg All-Share index gained 0.36% to 57,986 points, while the Top 40 index rose by 0.37% to 51,706 points.

It's R2 weaker

Aliwe phansi, man!! ,sizolocosha, kunini silokhu sibhekene nalo

do you guys know the difference between a R1and aR2🤔

Man, you had 1ne job.😏

But that's not a Rand, thats R2. Or angboni kahle?

Why you show R2 but you talk about Rand

I fear for my country & it's citizens myself included

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

#RandReport: Rand weakens slightly, resources lift stocks
Source: ewnupdates - 🏆 30. / 53 Read more »

Rand a little weaker as market eyes risk eventsBrexit uncertainty continues, while investors wait for an update on the US-China trade talks
Source: BDliveSA - 🏆 12. / 63 Read more »

Claims of billion rand deals for friends, death threats and whistleblowers - the PIC inquiry so farFrom death threats and allegations of wrongdoing in billion rand investments, to the search for an anonymous whistleblower and the suspension of top officials, this is what the commission of inquiry into the Public Investment Corporation has heard so far.
Source: News24 - 🏆 4. / 80 Read more »

DA wants details of West Rand District's investment into VBS - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Rather focus on midvaal and the city of Joburg. Time for playing investigative police 8may is around the corner
Source: SABC News Online - 🏆 32. / 51 Read more »

MARKET WRAP: JSE flat as rand retreats slightlyThe local currency gave up some of its recent gains despite Moody’s Investors Service saying that SA’s credit rating was safe for the moment
Source: BDliveSA - 🏆 12. / 63 Read more »