The rand continued to weaken against the dollar in morning trade on Friday (02 September), but is not alone as the US currency has flexed against major adversaries in recent sessions after data showed a resilient local economy, providing more room for the Federal Reserve to aggressively hike interest rates to temper inflation.
Rand in slump – and it could get worse
by admin | Sep 3, 2022 | Business, Headline, Investec Wealth & Investment, TreasuryOne |