Rand weaker as dollar recovers; stocks gain

Rand weaker as dollar recovers; stocks gain

By 1548 GMT, the rand had weakened around 0.5% from its previous close to trade at 14.0830 per dollar, halting a recent rally.
JOHANNESBURG – South Africas rand lost ground on Thursday as the US dollar recovered on global markets, while local stocks were bo…
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Adetunji Omotola
Adetunji Omotola 898 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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