#RandReport: Rand inches lower on risk aversion, stocks fall

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RandReport: Rand inches lower on risk aversion, stocks fall

 

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Almost like putting a frog in cold water and then turning up the heat.

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#RandReport: Rand weakens on risk aversion; stocks riseAt 1500 GMT the rand traded at 13.9675 per dollar, 0.4% weaker than its New York close of 13.9125.
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#RandReport: Rand and stocks on the back foot ahead of G20 summitThe rand was trading at 13.7725 per dollar by 1503 GMT, 0.84% weaker than its New York close of 13.6575.
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