The rand was a little weaker against the dollar on Tuesday morning, but firmer against the pound, as markets waited to see who will be the next prime minister of the UK.
Despite this, a Johnson victory could see the pound rally a little, as markets had extensively priced in a no-deal Brexit already, Johnson said. The announcement is expected at 12.45am local time.
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UK finance minister to quit before Boris Johnson becomes prime ministerBritish finance minister Philip Hammond said Sunday he would make a point of resigning before Boris Johnson became prime minister, saying he could never agree to his Brexit strategy.
مصدر: SowetanLIVE - 🏆 13. / 63 اقرأ أكثر »
UK finance minister to quit before Boris Johnson becomes prime ministerBritish finance minister Philip Hammond said Sunday he would make a point of resigning before Boris Johnson became prime minister, saying he could never agree to his Brexit strategy.
مصدر: TimesLIVE - 🏆 28. / 59 اقرأ أكثر »