The rand was weaker on Tuesday in line with emerging-market currencies, as a resurgence in global Covid-19 cases continued to put pressure on investor risk appetite.

The rand strengthened below R17/$ on Monday, as investor appetite for riskier assets rose. However, it retreated on Tuesday morning as the total number of coronavirus cases globally continued to drive sentiment...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now