The Rand’s decline continues, with analysts expressing concerns over the local currency’s weakness while investors await guidance from upcoming US employment data scheduled for release on Friday.
According to analysts, the Rand lacks resistance to the wider Ebb and flow of market sentiment due to SA’s increased fiscal vulnerabilities and weakening economic fundamentals.It’s currently trading at R19,60 to the US dollar. This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website.
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