The rand breached R15/$ for the first time in two weeks last week as weaker metal prices put pressure on commodity currencies.

Both precious- and base-metal prices had fallen on concerns over debt problems in China’s property sector, which accounts for about 29% of the country’s GDP, weighing on 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 or call 0860 52 52 00. Got a subscription voucher? Redeem it now