Concerns over Rand weakness against US dollar
Автор: SABC News
Загружено: 2023-10-04
Просмотров: 996
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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.
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