With bad news coming from all sides the rand has taken a pounding of late as the prospect of lower interest rates any time soon fades.

While off its worst levels of the day, at 6pm on Monday it had weakened 0.2% to R19.1421/$, 0.12% to R20.3794/€ and 0.1% to R23.6289/£. The euro was marginally weaker at $1.0647...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.