Rand weaker as coronavirus hogs the headlines
Concern over the viral outbreak in China is weighing on sentiment, with local focus on the state of the nation address later in the week
10 February 2020 - 12:05
The rand was weaker on Monday morning, as the coronavirus dominated headlines, while local focus is on Thursday’s state of the nation address (Sona) as well as local economic releases.
The local currency has broken through the psychologically important R15/$ level, though analysts noted it was finding a resistance level, and had come off the low of R15.12/$ reached on Friday. ..
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