MARKET WRAP: Rand pares earlier gains but remains firmer following big sell-off
Global markets fell after reports of an uptick in new coronavirus cases in parts of the US and gloomy expectations for its economy
12 June 2020 - 18:55
The rand ended Friday on a firmer note following Thursday’s hiding when no emerging markets were spared a sell-off in risk assets.
The rand lost nearly 4% to the dollar on Thursday but was only down about 1% for the week, according to Infront data...
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.