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Rand weakened to its worst level in 3 years - Republikein - Jou Land, Jou Taal, Jou Nuus

Rand weakened to its worst level in 3 years - Republikein - Jou Land, Jou Taal, Jou Nuus
republikein.com.na - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from republikein.com.na Daily Mail and Mail on Sunday newspapers.

South africaSouth africanWarrick butlerErik meyerssonStandard bank

Blackouts fuel pandemic-like rout, rand hits three-year low

The rand weakened to its worst level in three years and yields on local-currency bonds rose as concerns about South Africa’s continuing energy shortage and deteriorating economic outlook intensify among investors.

South africaColleen gokoWorld warSunday timesErik meyerssonWarrick butlerStandard bankBloomberg comHttps www bloomberg comNaspers prosusReaking newsSunday timesHe timesUsiness timesShisa live

Blackouts fuel pandemic-like rout in South African markets

The rand has reached its lowest level in three years as the country’s blackouts and economic downturn continue to concern investors.

South africaColleen gokoWarrick butlerErik meyerssonEskom holdingsStandard bankMarket routAnd dollar exchange rateUsiness newsSouth africa

Load shedding fuels pandemic-like rout in local markets

The rand weakens as much as 1.1% on Wednesday, to the lowest since May 2020.

South africaErik meyerssonWarrick butlerStandard bank

Why the rand is bleeding - and could now hit R19/$

Load shedding and economic jitters are hitting the SA currency.

South africaSouth africanWarrick butlerWayne mccurrie waynemccurrieKarin richardsErik meyerssonStandard bankEmerging marketWayne mccurrie

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