MARKET WRAP: Rand continues to fall ahead of Moody’s rating review
Analysts say finance minister Tito Mboweni’s speech was short on detail on how the government plans to rescue the country
31 October 2019 - 20:05
SA is holding its breath ahead of the release of the latest review by Moody’s Investors Service on Friday evening on the country’s sovereign credit rating.
Moody’s is the only major ratings agency that still has the country on investment grade, while S&P Global and Fitch have it in sub-investment, or junk status, and have done since 2017...
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