MARKET WRAP: JSE weaker as investors fret over geopolitical risks

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

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Rand sinks as US claims SA is aiding Russia’s war effort

The JSE fell the most in a week on Thursday and the rand fell to a record low after the US accusation that SA was involved in aiding Russia’s war effort added to the risk-off environment.

Talks between SA and the US to resolve an impasse over Pretoria’s stance on Russia’s war in Ukraine have come to naught, with Washington accusing SA of materially aiding Russia’s war effort...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 TimesLive Premium.

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 ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

MARKET WRAP: JSE muted as investors digest US consumer inflation reportUS inflation shows signs of moderating; rand extends losses
Source: BDliveSA - 🏆 12. / 63 Read more »