MARKET WRAP: JSE holds up even as rand plumbs two-year depths

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Россия Новости Новости

Currency takes a further beating after Fed chair Jerome Powell reaffirms the central bank’s commitment to taming inflation and the ECB raises its rate the most since 1999

The JSE ended higher after a tentative start to Thursday’s session while the rand was on the ropes again as the dollar surged against its peers.

The rand fell as much as 1.6% to R17.54/$, the weakest level since August 2020, according to data compiled by Bloomberg. At 6.35pm it was 1.4% softer at R17.5306/$...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости