MARKET WRAP: Rand under pressure in thin trade

The rand ended off its intraday worst level on Monday, having lost the most in more than a week in exaggerated moves in a thin market with US markets closed for the Martin Luther King Day holiday.

The local currency fell as much as 1.6% in intraday trading, touching its weakest level of R17.12/$ as a “lack of liquidity with the US being out of the market putting the rand under pressure,” said TreasuryONE chief dealer Wichard Cilliers. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

International Finance: Asian stocks climb; dollar edges lower, yen gains: markets wrapAsian shares started the week higher with a tailwind from US stocks closing at the highest in a month as easing inflation expectations fuel January’s global share rally. The dollar declined.
منبع: dailymaverick - 🏆 3. / 84 ادامه مطلب »

YOUR MONEY: Saving for a flat — should I be in the equity market?We look at the best way to build up a deposit on a property over a 12-month period But the 🦧 want it for free.. can you give advise to them on that!
منبع: FinancialMail - 🏆 20. / 63 ادامه مطلب »