News Formal

#RandReport: Rand firms after GDP data, stocks weak

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

RandReport: Rand firms after GDP data, stocks weak

JOHANNESBURG - The rand firmed on Tuesday after data showing an economic recovery from a recession continued in the fourth quarter of last year, albeit at a slower rate.South Africa suffered a recession in the first half of 2018 as farming plunged after a drought, but growth has since recovered.

“Q4’s growth outcome signalled that the South African economy has muddled along, very slowly on the mend,” said Elize Kruger, an economist at NKC African Economics.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

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

#RandReport: Rand falls as risk demand cools, stocks inch upAt 1508 GMT, the rand was 0.43% weaker at 13.8850 per dollar, compared to a close of 13.8250 on Monday.
Source: ewnupdates - 🏆 30. / 53 Read more »

#RandReport: Rand edges higher, stocks flatAt 1515 GMT, the rand was 0.1% firmer at 14.2175 per dollar compared with a close of 14.2300 on Friday in New York.
Source: ewnupdates - 🏆 30. / 53 Read more »