Rand slumps as global investors take fright - News24
4/25/2022 12:00:00 AM3 yearsago
by Reuters, with additional reporting by Fin24
by Reuters, with additional reporting by Fin24
The US dollar struck a two-year high on Monday as a wave of risk aversion hit global markets.
The rand slumped by almost 3% to R15.78/$ on Monday as traders across the world flee to safe-haven currencies. The US dollar struck a two-year high on Monday as a wave of risk aversion hit global m… [+2352 chars]
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