Rand recovers slightly as risk events loom

Emerging-market currencies, including the rand, recovered slightly after sharply weakening on Friday.

The rand was firmer against major global currencies on Monday afternoon, faring best against the pound amid ongoing Brexit developments.

Emerging-market currencies, including the rand, were recovering slightly after sharply weakening on Friday. The Turkish lira led the gains on Monday, bolstered by promises from that country’s central bank to intervene to support the currency.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TimesLIVE /  🏆 28. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rand slumps against the dollar as weak German data hits the euroThe rand was sharply weaker on Friday afternoon, tracking a weaker euro, which came under pressure from a downbeat assessment of the health of the eurozone economy.
Read more »

Rand recovers slightly as risk events loomEmerging-market currencies have regained ground after a torrid session on Friday, with markets bracing for a series of risk events this week
Read more »

DA to march against Eskom power crisis, higher tariffs on Friday
Read more »

Here are the winning numbers for the PowerBall and PowerBall Plus draws for Friday, March 22Here are the winning PowerBall and PowerBall Plus numbers from the Friday March 22 draw.
Read more »

PowerBall and PowerBall Plus results, Friday, 22 March, 2019
Read more »

Eskom to shift from Stage 2 to Stage 1 load shedding from 11pm on FridayEskom appealed to customers to switch off geysers during the day as well as all non-essential lighting and electricity appliances.
Read more »

Maimane demands ‘national shutdown’ outside Eskom next FridayThe DA has been making a variety of election posters in response to what they see as the ANC's failings.
Read more »

Eskom to implement Stage 2 load shedding on FridayEskom will implement Stage 2 load shedding on Friday.
Read more »

Eskom implements Stages 1 and 2 load shedding on FridayEskom's teams were working round-the-clock to return generation units to the system, said the statement.
Read more »