Rand and JSE slip while cabinet negotiations play out
The rand weakened to an intraday worst level of R18.35/$ on Thursday
27 June 2024 - 11:40
The rand was weaker on Thursday morning, with investors remaining cautious while awaiting updates on the government of national unity (GNU) and the announcement of a new cabinet by President Cyril Ramaphosa.
Since his inauguration last week, Ramaphosa has been involved in give-and-take talks with GNU participants, with sources saying a deal is now on the table. ..
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