Rand suffers as Zuma survives 8th vote of no confidence

by | August 9, 2017 6:18 pm

The South African rand has taken a beating from a failed attempt to ouster President Jacob Zuma.  The rand weakened 0.64 percent against the dollar to 13.46 rand per US$, Wednesday, according to data tracked by BusinessDay and obtained from the Bloomberg Terminal.  The Rand was previously showing signs of strengthening on indications that President Zuma…

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