Rand enters second day of losses, ignoring Trumps comments on trade optimism
Statistics SA is set to release the producer price index for August on Thursday morning
26 September 2019 - 10:38
The rand was weaker on Thursday morning on its second consecutive day of losses, as emerging markets brushed aside trade optimism comments from US President Donald Trump.
Remarks from Trump on Wednesday that the US and China could soon put an end to the prolonged trade war did little to lift the rand and other emerging-market currencies. Uncertainty pertaining to the trade war has heightened investor fears about the prospects of global economic growth, dampening risk appetite...
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