MARKET WRAP: Rand reverses all of 2019’s gains, and falls further

MARKET WRAP: Rand reverses all of 2019’s gains, and falls further

The rand weakened steadily throughout Monday, as local factors such as the countrys poor economic outlook and problems at state power utility Eskom pushed it to its third consecutive day of losses.
The local currency reached its lowest level in a month and i…
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Adetunji Omotola
Adetunji Omotola 732 posts

Adetunji Omotola is the Founder of The Guild of Nigerian Professionals-SA and Nigeria Diaspora Television. He is the Presenter of Afrobizz on Kaya FM and Africa Now on Africa Business Radio. He is also The Founder of African Wine Circle and blogs at www.winelawandpolitics.wodpress.com

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