Rand takes hit as US rate cut hopes fade
Breaks through R19/US$
Federal Reserve chair Jerome Powell quashed speculation of early and steep US interest rate cuts, which supported the greenback.
The US dollar was up slightly yesterday, close to its highest level in almost three months against a range of currencies. Earlier in the day, the rand and Namibian dollar broke thr...
If you are an active subscriber and the article is not showing, please log out and back in. Free access to articles from 12:00.
Comments
Namibian Sun
No comments have been left on this article