The rand fell for a second day on Thursday as local investors mulled President Cyril Ramaphosa’s economic recovery plan, while worries about a second wave of Covid-19 weighed on global equities.
At 5.41pm, the rand had weakened 0.83% to R16.6655/$, 0.43% to R19.4973/€ and 0.19% to R21.5299/£. The euro fell 0.39% to $1.17. The local currency has fallen 15.8% so far this year, according to data from Infront.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 Sunday Times Daily.
“Mull” 😂
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Market volatility is, well, volatile heading up to the US electionsWall Street stocks are racing to record highs again and the VIX ‘fear gauge’ and its November and December futures contracts are near six-week lows
Source: BDliveSA - 🏆 12. / 63 Read more »
Apple enters 5G market with new line of iPhonesThe company hopes to spark an upgrade cycle heading into the holiday season Whatever it maybe its far below Huawei standards, thanks to Trump.
Source: BDliveSA - 🏆 12. / 63 Read more »