Rand slips as investors weigh up US politics and Covid-19 threat

The rand was weaker on Tuesday, in line with its emerging-market peers, as political uncertainty and rising Covid-19 cases in the US put pressure on risky currencies.

At 10.10am, the rand had weakened 0.19% to R16.5281/$, while it was little changed at R19.4791/€ and R21.5376/£. The euro was down 0.21% $1.1786.

Source: businesslive.co.za