Rand weakens slightly as ECB does not move on interest rates
Markets had partially priced in a rate cut from the ECB, which said on Thursday it was ready to cut interest rates amid slowing growth
25 July 2019 - 14:32
The rand was weaker on Thursday afternoon, softening a little after the European Central Bank (ECB) left interest rates unchanged.
Of 67 economists polled by Bloomberg, five had expected the Bank to lower its deposit rate by 10 basis points...
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