Tuesday, 17 September 2019

South African rand hurt by oil price spike

Johannesburg — South Africa’s rand extended its losses on Tuesday to a one-week low as heightened tensions in the Middle East after the weekend attack on Saudi Arabia’s crude oil facilities soured risk demand globally. At 1530 GMT the rand was 0.46% weaker at 14.7325 per dollar, having slipped to 14.8425 earlier, its weakest level […]

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