Rand and JSE weaken due in part to US-China tension
The US has blocked Chinese access to advanced chips and the equipment to make them, citing security concerns
19 July 2024 - 12:03
The rand was weaker on Friday morning, while the JSE tracked weaker US markets overnight owing to US-China tension risks and interest rate cut prospects, which weighed on major tech companies.
Emerging market currencies are also weaker...
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