The local currency is weaker as investors remain cautious amid the fear of a second wave of Covid-19 infections
The rand was weaker on Monday as investors remain cautious amid the fear of a second wave of infections, while local focus shifts to the supplementary budget on Wednesday.
Rising Covid-19 infections in parts of the US and Europe continue to weigh on investor risk appetite as the concern that a full-blown second wave could emerge.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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