South African rand weakens after strong U.S. jobs data; stocks slide

مصر أخبار أخبار

South African rand weakens after strong U.S. jobs data; stocks slide
مصر أحدث الأخبار,مصر عناوين

South African rand weakens after strong U.S. jobs data; stocks slide.

  • 📰 ReutersAfrica
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Like most emerging market currencies, the rand is highly susceptible to global drivers such as U.S. monetary policy.The dollar index , which measures the greenback against six major rivals, was up 0.089% to 112.35.

U.S. inflation data, due next week, will be watched closely as well and could prove influential in setting investors' expectations for the Fed, according to strategists.

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ReutersAfrica /  🏆 31. in EG
 

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