MARKET WRAP: Rand back above R15/$ as US stimulus talks stall
Brexit negotiations are also adding uncertainty to skittish global markets
BL PREMIUM
10 December 2020 – 18:27
After firming earlier, the rand weakened through R15/$ again on Thursday as investors await direction from US stimulus talks and Brexit negotiations, neither of which are yet to see a breakthrough.
The rand broke a three-day winning streak, reaching an intraday worst of R15.0955/$. At 5.24pm, it had weakened 0.68% to R15.0533/$, 1.11% to R18.2599/€ and 0.16% to R20.0020/£. The euro was 0.43% firmer at $1.2132…
Source: businesslive.co.za