South Africa’s rand retreats with fundamentals back in focus

by | January 9, 2018 10:18 am

South Africa’s rand weakened early on Tuesday with the currency continuing to struggle to break through recent highs as some of the cheer over the appointment of Cyril Ramaphosa as head of the ruling party gave way to more bearish sentiment.   At 0640 GMT the rand had weakened 0.16 percent to 12.4000 per dollar compared to…

This content is for Standard & Premium Digital Subscribers only.
Log In Subscribe