News Formal

#RandReport: Rand firms after GDP data, stocks weak

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

RandReport: Rand firms after GDP data, stocks weak

JOHANNESBURG - The rand firmed on Tuesday after data showing an economic recovery from a recession continued in the fourth quarter of last year, albeit at a slower rate.South Africa suffered a recession in the first half of 2018 as farming plunged after a drought, but growth has since recovered.

“Q4’s growth outcome signalled that the South African economy has muddled along, very slowly on the mend,” said Elize Kruger, an economist at NKC African Economics.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 30. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

#RandReport: Rand falls as risk demand cools, stocks inch upAt 1508 GMT, the rand was 0.43% weaker at 13.8850 per dollar, compared to a close of 13.8250 on Monday.
Källa: ewnupdates - 🏆 30. / 53 Läs mer »

#RandReport: Rand edges higher, stocks flatAt 1515 GMT, the rand was 0.1% firmer at 14.2175 per dollar compared with a close of 14.2300 on Friday in New York.
Källa: ewnupdates - 🏆 30. / 53 Läs mer »