News Formal

Rand slips amid pressure on emerging-market currencies

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

España Noticias Noticias

España Últimas Noticias,España Titulares

The dollar has firmed as a result of disappointing eurozone data, but the rand has avoided the losses of some of its emerging-market peers

The rand was weaker against major global currencies on Thursday afternoon, tracking a softer euro, after disappointing eurozone data.

The only saving grace from the report was a rebound in the German services PMI, which helped offset some of the weakness in manufacturing, said BK Asset Management MD Boris Schlossberg. Still, Germany, which is the core of the European economy, remains highly vulnerable to a manufacturing slowdown, he said.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Rand firms on falling dollar, stocks upInvestors’ appetite for riskier currencies was boosted on Friday after Chinese data showed exports rebounded last month.
Fuente: ewnupdates - 🏆 30. / 53 Leer más »

Business Maverick: South Africa’s Rand Held Back by Political Uncertainty, IMF SaysPolitical uncertainty is probably depressing the value of South Africa rand, according to the head of the International Monetary Fund’s Africa department.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »