Rand falls as US-China tension weighs on sentiment
China said on Wednesday the US has ordered it to close its consulate in Houston within 72 hours
BL PREMIUM
22 July 2020 – 12:36
The rand was weaker on Wednesday as escalating tension between the US and China and the rise in Covid-19 cases weighed on market sentiment.
At 11.10am, the rand had weakened 0.48% to R16.4854/$ and 0.39% to R18.9863/€ while it was flat at R20.8412/£. The euro had weakened 0.12% to $1.1517.
Source: businesslive.co.za
