News Formal

Rand leads emerging-market peers after bump by Moody’s bump

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Italia Notizia Notizia

The reduced threat of SA falling off global bond indices is boosting the rand and local bonds

The rand was firmer on Monday afternoon, and easily the best performing emerging-market currency.

At 2pm the rand had strengthened 1.11% to R14.1815/$, 1.2% to R15.9265/€ and 0.67% to R18.5987/£. The euro was flat at $1.123.Global sentiment was boosted on Monday by positive Chinese data. Erdoğan is seen to have sought to intervene in that country's monetary policy. Analysts said the electoral result may prompt further populist policies.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

#RandReport: Rand slides alongside EM currencies, stocks steadyAt 1548 GMT, the rand was 0.27% weaker at 14.6450 to a dollar.
Fonte: ewnupdates - 🏆 30. / 53 Leggi di più »