Financial Digest

Rand recovers slightly as risk events loom

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 59%

Finance Finance Headlines News

Emerging-market currencies, including the rand, recovered slightly after sharply weakening on Friday.

The rand was firmer against major global currencies on Monday afternoon, faring best against the pound amid ongoing Brexit developments.

Emerging-market currencies, including the rand, were recovering slightly after sharply weakening on Friday. The Turkish lira led the gains on Monday, bolstered by promises from that country’s central bank to intervene to support the currency.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rand slumps against the dollar as weak German data hits the euroThe rand was sharply weaker on Friday afternoon, tracking a weaker euro, which came under pressure from a downbeat assessment of the health of the eurozone economy.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Rand recovers slightly as risk events loomEmerging-market currencies have regained ground after a torrid session on Friday, with markets bracing for a series of risk events this week
Source: BDliveSA - 🏆 12. / 63 Read more »