will remain extremely weak in the coming days as the coronavirus continues to ravage global markets.It breached 17 rands last week.“Emerging markets are in acute risk aversion, financial market participants are almost indiscriminately selling assets and turning to cash as a safe heaven.
Given that South Africa is an emerging market and one that has a substantial commodity component to its GDP and an emerging market that was already weak prior to the COVID-19 means that South Africa would be in the cross heads of this sell off and this will result in the rand remaining vulnerable and weak.”
Is better to be lockdown cause this coronavirus can do something horrible to someone
Did the pound and dollar weaken since this pandemic occured though?😕Why is it always the rand weakening , I seriously don't understand
Right now we busy staying mad and trying to survive this US/Europe/China biological war, to worry about an economy.. Fcuck these so called first world countries 🖕🖕🖕🖕
And that's okay, health and life is worth more.
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Source: SABC News Online - 🏆 32. / 51 Read more »
Source: SABC News Online - 🏆 32. / 51 Read more »