Rand hits the skids against the dollar as South Africans face R3 a litre petrol price hike in June - BusinessTech


5/12/2022 12:00:00 AM2 years 11 months ago
by https://www.facebook.com/BusinessTechSA

An already fragile rand was back on the ropes in trade on Thursday (12 May), put there by a strong dollar benefitting from risk aversion.

An already fragile rand was back on the ropes in trade on Thursday (12 May), put there by a strong dollar benefitting from risk aversion. Bloomberg reported that Wednesdays hotter-than-expected US i… [+5313 chars]

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