Rand at record low ahead of Reserve Bank rates decision
The local currency weakened to as much as R17.54/$ on Thursday, with volatility expected to increase as the viral outbreak worsens in SA
19 March 2020 - 12:36
The rand was under pressure on Thursday, pushing to a record-low of R17.54/$, as investors turn their focus to the SA Reserve Bank’s interest- rate decision due later in the day.
SA's battles with the Covid-19 pandemic is adding pressure to the local currency, with the number of local transmissions continuing to rise...
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