HomeНовости и политикаRelated VideosMore From: SABC Digital News

Rand weakened further against the dollar

0 ratings | 130 views
Despite the Reserve Bank's raising the cost of borrowing last week, the rand has weakened further, with rand-dollar exchange now above 12.60. When interest rates rise, that usually provides uplift for a given currency, but not for the rand. Markets continue to anticipate when and how much the US Fed will raise interest rates by. For more News visit: http://www.sabc.co.za/news Follow us on Twitter: https://twitter.com/SABCNewsOnline?lang=en Like us on Facebook: https://www.facebook.com/SABCNewsOnline
Html code for embedding videos on your blog
Text Comments (0)

Would you like to comment?

Join YouTube for a free account, or sign in if you are already a member.