JSE weakens as investors eye progress of US debt-ceiling deal
At 10.22am, the rand weakened 0.5% to R19.7825/$
31 May 2023 - 11:47
The JSE was weaker on Wednesday morning, while its global peers were mixed with a focus on the US debt-ceiling negotiations.
Bloomberg reported that US House speaker Kevin McCarthy dismissed threats from Republican hard-liners to oust him over the debt-limit deal he forged with President Joe Biden and expressed confidence that legislators would pass legislation in time to avert a US default...
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