MARKET WRAP: Rand weakens ahead of uncertain interest-rate decision

The rand closed weaker on Wednesday as focus shifts to the SA Reserve Bank’s latest decision on interest rates, with analysts somewhat divided on the outcome.

Despite ending the day weaker, the local currency is still ahead this week, with risk appetite boosted by a possible Covid-19 vaccine and EU stimulus package.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Canada Canada Latest News, Canada Canada Headlines

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

MARKET WRAP: JSE gains as EU stimulus leads to risk-on movesThe all share and top 40 rose 0.28% and 0.32%, respectively, with all major indices up on the day
Source: BDliveSA - 🏆 12. / 63 Read more »

BUSINESS MAVERICK: Super reach: Vodacom’s mighty mobile market in the makingImagine one platform that offers merchants access to 43-million customers... Vodacom is taking steps to make that happen.
Source: dailymaverick - 🏆 3. / 84 Read more »

STREET DOGS: On human nature and the marketThe social object of skilled investment should be to defeat the dark forces of time and ignorance
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE gains as EU stimulus leads to risk-on movesThe all share and top 40 rose 0.28% and 0.32%, respectively, with all major indices up on the day
Source: BDliveSA - 🏆 12. / 63 Read more »