Concerns over Rand weakness against US dollar

Автор: SABC News

Загружено: 2023-10-04

Просмотров: 996

Описание: The rand has weakened to trade above R19 against the US dollar. This is due to growing speculations around the U.S. Federal Reserve hiking its interest rates and plans to keep burrowing costs elevated for a sustained period.

Economists say the weakness of the rand will see commodity prices also come under pressure.

For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.

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Concerns over Rand weakness against US dollar

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