MARKET WRAP: Rand has worst week since February as some inflation fears remain

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Government bonds, however, maintained their firmer bias

The rand closed the week with a 1.9% loss against the dollar as some fears still remain about rising inflation as economies across the globe build towards pre-pandemic levels.

Not even a dovish statement by the European Central Bank on Thursday, when it assured the market of a continuation of its above-average weekly bond purchases, could help the rand maintain its recent gains...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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Market data — June 10 2021Market data including bonds and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »