Rand weakens as US-China trade deal hopes wane
US President Donald Trump said on Friday he had not agreed to rollback tariffs on China, souring the mood on global markets
11 November 2019 - 12:38
The rand was weaker against major global currencies on Monday afternoon, as fading optimism about a US-China trade deal weighed on global risk assets.
US President Donald Trump said on Friday the US had not agreed to roll back tariffs on China, despite optimism last week that the two parties were close to formalising a partial deal reached in October...
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.