MARKET WRAP: Rand, JSE weaker as focus shifts to central bank rates decisions
Investors are braced for a busy week of earnings and interest rates decisions from the Fed, ECB and Bank of England
30 January 2023 – 18:48
The rand weakened on Monday, while the JSE closed weaker amid mixed global peers as investors braced for a busy week of earnings and a possible interest rate hike from the US Federal Reserve.
The local currency weakened more than 1% in intraday trade, touching R17.39/$ a level last seen almost four weeks ago…
Source: businesslive.co.za
