The rand has lost more than 3.5% so far this week
The rand remained under pressure on Thursday morning, with the possibility of R19 to a dollar looming.
The local currency has lost more than 3.5% so far this week — reaching a level last seen in April 2020 at R18.97227/$, as local factors, in particular load-shedding, weighed on the economy and rand...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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