Rand weaker as Covid-19 numbers rise
The rand has now lost more than 19% of its value against the dollar so far in 2020
BL PREMIUM
30 June 2020 – 13:02
The rand was weaker on Tuesday, in line with its emerging-market peers as a rising number in Covid-19 cases globally threatens global economic recovery.
The rand has been trading at about the R17/$ level for more than two weeks, as volatility caused by surging coronavirus fear weighed on investor sentiment.
Source: businesslive.co.za