MARKET WRAP: JSE, rand weaker as markets digest Trump’s victory
The rand weakened along with other emerging market currencies as the dollar firmed
08 November 2024 - 18:45
The JSE closed lower and the rand gave back the previous session’s gains on Friday as it weakened along with other emerging market currencies. The dollar firmed as investors evaluated the likely impact on the American economy of Tuesday’s election of Donald Trump as US president.
The local currency, which surged 2.1% on Thursday, pulled as the dollar regained its footing...
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