News Formal

Rand slips amid pressure on emerging-market currencies

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The dollar has firmed as a result of disappointing eurozone data, but the rand has avoided the losses of some of its emerging-market peers

The rand was weaker against major global currencies on Thursday afternoon, tracking a softer euro, after disappointing eurozone data.

The only saving grace from the report was a rebound in the German services PMI, which helped offset some of the weakness in manufacturing, said BK Asset Management MD Boris Schlossberg. Still, Germany, which is the core of the European economy, remains highly vulnerable to a manufacturing slowdown, he said.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Rand firms on falling dollar, stocks upInvestors’ appetite for riskier currencies was boosted on Friday after Chinese data showed exports rebounded last month.
Fonte: ewnupdates - 🏆 30. / 53 Consulte Mais informação »

Business Maverick: South Africa’s Rand Held Back by Political Uncertainty, IMF SaysPolitical uncertainty is probably depressing the value of South Africa rand, according to the head of the International Monetary Fund’s Africa department.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »