Rand steady ahead of decision by Moody’s
The local currency looks set for its worst weekly drop since August
01 November 2019 - 10:46
The rand was subdued on Friday afternoon, on track for its worst week in three months as investors await a ratings review by Moody's Investors Service.
Some analysts say the odds are high that Moody's will change SA’s outlook from stable to negative, which is likely to result in further losses for the rand...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.