Rand at almost four-year low as virus outbreak sparks panic
Global risk assets are being sold off sharply amid growing fears of a coronovirus pandemic
28 February 2020 - 12:44
The rand extended its loses on Friday afternoon, as the markets once again battle with a global sell-off sparked by further outbreaks of coronavirus around the world.
The rand was only the third-worst performing currency among emerging-market currencies, but in intraday trade had reached R15.70/$ for the first time since June 2016...
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