The JSE closed on Friday with its biggest one-day loss in a week, tracking weaker markets globally as the coronavirus spreads around the world, weighing on demand for riskier assets. Local markets had a turbulent week as SA confirmed its first case.
It was similarly turbulent for the rand, which traded at a range between R15.8641 — its weakest level since 2016 — and R15.2139. It eventually ended the week flat at R15.6781. It was the most volatile of 24 emerging-market currencies tracked by Bloomberg, followed by the Russian rouble. So far in 2020, the rand has lost more than 11% to the dollar. A weaker rand, which pushes up import costs, might make it harder for the Reserve Bank to support a struggling economy by cutting interest rates.
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
Netflix pushes African content to grow market share on the continentReport shows revenue generated by African subscription video-on-demand services is expected to increase to more than $1bn by 2025
แหล่ง: BDliveSA - 🏆 12. / 63 อ่านเพิ่มเติม »