Rand lingers at 2020 low as coronavirus fears persist
News that Eskom will continue load-shedding until Thursday added to the rand’s woes
03 February 2020 - 11:54
After breaking through R15 against the dollar for the first time in 2020, the rand remained muted on Monday morning while the rising coronavirus death toll weighed on market sentiment.
The local currency has been the second-worst performing emerging-market currency over the past five days, down 2.17% behind the South Korean won at 2.20%, according to Bloomberg data. ..
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