Rand hovers near R14/$ after US jobs miss target
High commodity prices and pressure on the dollar have put the local currency close to 2020 mark
10 May 2021 - 07:18
The JSE faces mostly higher Asian markets on Monday morning, with the rand near the psychologically important R14/$ mark amid pressure on the dollar and generally positive global sentiment.
US nonfarm payrolls numbers for April came in well short of expectations on Friday, with employers only adding about a quarter of the 1-million jobs expected...
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