Rand left bleeding as dollar heads for best month since 2015 - News24


4/29/2022 12:00:00 AM3 yearsago

The dollar has been boosted by a combination of expectations for US rate hikes and growth concerns in China and Europe.

After crashing through R16/$ on Thursday, the rand was slightly stronger at R15.90 on Friday morning. The local currency has lost more than 10% of its value against the dollar so far this month. It … [+2228 chars]

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