MARKET WRAP: Rand pares losses, but markets remain nervous
The local currency weakened more than 1.8% in intraday trading, the biggest one-day loss since April 10 as local and global factors weighed on it
30 May 2024 - 18:55
The rand pared the session’s losses on Thursday, having fallen the most in almost two months, while the JSE closed weaker with the local focus on the election outcome.
The local currency weakened more than 1.8% in intraday trading — the biggest one-day loss since April 10 — as both local and global factors weighed on the currency...
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