Rand weakens as markets await factory data
Globally, investors expect more stimulus in the US
12 October 2020 - 11:18
The rand was set for its first day of losses in four on Monday morning as investors await local manufacturing data while global focus remains on US stimulus.
At 10.29am, the rand had weakened 0.14% to R16.4808/$ and 0.15% to R21.4751/£ while it was flat at R19.4637/€. The euro had weakened 0.12% to $1.1812...
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.