Rand slumps as market waits for news to aid direction

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The local currency had firmed to an intraday best of R16.87/$, following some emerging market strength towards the end of last week

The rand was weaker on Monday, in line with its emerging-market peers as investors remain cautious about the rising number of Covid-19 cases globally, while markets awaits fresh news for direction.

The local currency firmed to an intraday best of R16.87/$, according to Infront data, following some emerging-market strength towards the end of last week.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.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 12. in İN

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