Loading...
See More

Rand extends losses on US fiscal concerns

Dec 21 2012 14:02
I-Net Bridge
Johannesburg - The rand lost further ground in midday trade on Friday amid global risk aversion‚ linked to stalled US budget talks.

At 11:48‚ the rand was bid at R8.5796/$ from its previous close of R8.4816. The local currency was bid at R11.3205/€ from its previous close of R11.2295 and at R13.9290 against sterling from R13.7965 before.

The euro was bid at $1.3195 from its overnight close of $1.3236.

Local markets are open half day on Monday‚ and are then closed on Tuesday and Wednesday for the Christmas and Day of Goodwill holidays. They will reopen on Thursday December 27.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

rand  |  markets  |  currencies

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About...

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Introducing tablets in schools is:

Previous results · Suggest a vote

Loading...