South Africa's rand weakens as investors assess Fed rate hike - Reuters.com
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3/18/2022 12:00:00 AM3 years 1 month ago
South Africa's rand weakened in early trade on Friday, as investors assessed the impact of the start of the U.S. Federal Reserve's rate tightening cycle this week and as commodity prices such as gold weakened.
JOHANNESBURG, March 18 (Reuters) - South Africa's rand weakened in early trade on Friday, as investors assessed the impact of the start of the U.S. Federal Reserve's rate tightening cycle this week a… [+1978 chars]
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