Rand weakens as trade talk moves remain in focus

United States News News

Rand weakens as trade talk moves remain in focus
United States Latest News,United States Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Statistics SA is expected to publish mining production data later in the day

The rand was weaker on Monday morning while investors await more news in the US-China trade talks.

Locally, investors continue to keep an eye on the SAA strike. About 3,000 workers downed tools last week demanding an 8% wage increase from the financially strapped national carrier. At 10.35am, the rand weakened 0.25% to R14.7504/$, after closing at R14.71 on Friday. It had weakened 0.45% to R19.1009/£ and 0.37% to R16.3201/€. The euro had strengthened 0.12% to $1,1064.

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:

BDliveSA /  🏆 12. 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 firms slightly, traders await Sino-US trade talk developmentsRand firms slightly, traders await Sino-US trade talk developmentsThe rand firmed slightly in early trade on Monday, clinging on to the previous week’s gains, as cautious investors awaited developments in US-China trade talks, and the local central bank’s rates decision later in the week.
Read more »

Police shut down 'drug lab' on West RandTwo suspects were arrested for manufacturing illicit drugs and possession of drugs
Read more »

PSL smashes billion-rand revenue markPSL smashes billion-rand revenue markSuperSport paid more than R2-billion this year for a five-year renewal of the deal to screen the South African Premiership and three knockout competitions.
Read more »

Rand firms slightly, traders await Sino-US trade talk developmentsRand firms slightly, traders await Sino-US trade talk developmentsThe rand firmed slightly in early trade on Monday, clinging on to the previous week’s gains, as cautious investors awaited developments in US-China trade talks, and the local central bank’s rates decision later in the week.
Read more »

Oil is steady as traders watch trade talksCrude market is flat as price consolidates after Friday’s big rally, analyst says
Read more »

Malawi receives 17 black rhinos from South Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Malawi receives 17 black rhinos from South Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.By moving the beasts, in one of the biggest international relocations of its kind, conservationists hope to ensure wild black rhinos remain genetically diverse to better fight off disease.
Read more »



Render Time: 2025-03-16 04:17:29