WATCH: Rand comes back down overnight busrep
File Image: IOL To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 videoJOHANNESBURG - The rand was caught in a tug of war between external factors as US-Sino trade agreement uncertainty dampened risk appetite according to NKC Research.
Although the lingering impact of an uneventful national election on May 8 supported the local unit from souring global risk sentiment. As trade tensions escalate, market tumult is leading to a tightening in financial conditions. At the close of local trade, the rand quoted 0.7 percent weaker at R14.30/$, after trading in range of R14.16/$ - R14.33/$. The rand came back down overnight. Expected range today R14.15/$ - R14.40/$.
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.
WATCH: Wellington voters not separated by race, says IEC after shocking videos | IOL NewsA Facebook post by student Chumani Siimane purportedly shows voters at the polling station divided into separate lines for whites and blacks. Elections2019 SAElections2019 MzansiVotes
Read more »
WATCH: Bonang, DJ Zinhle and AKA video call 'Mr Preezy' on #SAElectionDay2019 | IOL EntertainmentBoth AKA and Matheba live-streamed their video calls with ANC leader and President Cyril Ramaphosa on Instagram, where declared their support for the ANC party and 'Mr Preezy'. Elections2019 SAElections2019 MzansiVotes IOL_Lifestyle
Read more »
WATCH: #Elections2019 is the rebirth of our country, says Makhura | IOL NewsGauteng ANC chairperson David Makhura says the sixth general election was similar to the inaugural democratic elections in 1994.
Read more »
WATCH: Meghan and Harry talk about first 48 hours as parents | IOL EntertainmentThe royal couple unveiled their son to the world on Wednesday in the grounds of Windsor Castle and Duchess Meghan admitted the last two days since the tot was born have 'been a dream'. IOL_Lifestyle
Read more »
WATCH: 8-year-old Afghan boy dances with joy after receiving prosthetic leg | IOL NewsA video of a happy boy with a prosthetic leg dancing to a tune while onlookers clap and laugh has proved popular with social media users in Afghanistan.
Read more »
WATCH: DA confident of victory in the Western Cape | IOL NewsWith the Western Cape ElectionResults expected to be released on Friday, the DA in the province is already declaring itself victors in a tight race. Elections2019 MzansiVotes
Read more »
WATCH: Philippines' Duterte refuses to let cockroach bug him during speech | IOL NewsPhilippine President RodrigoDuterte seemed unfazed when a finger-sized cockroach scrambled onto his shoulder as he spoke at a campaign rally.
Read more »
WATCH: Voting done and dusted; now the count begins | IOL NewsVoting has officially closed across South Africa and electoral officials are hard at work tallying the votes. Here's how the vote counting works.
Read more »
WATCH: WikiLeaks source Chelsea Manning could be jailed again | IOL NewsWATCH: Chelsea Manning, a former US Army intelligence analyst and source for online publisher WikiLeaks, could be jailed again if she refuses to comply with a new grand jury subpoena.
Read more »
WATCH: Wellington voters not separated by race, says IEC after shocking videos | IOL NewsWATCH: Former IECSouthAfrica commissioner and vice chair Terry Tselane comments on the outcry on social media surrounding THOSE Wellington videos. Also read the IEC W Cape's explanation of what happened there: Elections2019 Elections2019Results
Read more »