The rand was firmer on Wednesday morning in line with some of its emerging-market peers amid hope that the US Federal Reserve could introduce more stimulus to ease the effects of Covid-19.
US Fed vice-chair Richard Clarida told CNN on Tuesday that the central bank still has more room to support the world’s largest economy as the surge in Covid-19 cases raises concern about the impact this will have on the economy.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.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Rand slumps as market waits for news to aid directionThe local currency had firmed to an intraday best of R16.87/$, following some emerging market strength towards the end of last week
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Rand slumps as market waits for news to aid directionThe local currency had firmed to an intraday best of R16.87/$, following some emerging market strength towards the end of last week
더 많은 것을 읽으십시오 »
MARKET WRAP: JSE firms for a second day despite virus worriesBoth the all share and top 40 gained on the day, but the rand weakened
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