You have 5 articles to share every month. Send this story to a friend!
Loading, please wait...
Johannesburg - The strong US dollar, which is trading at a more than 11-year high against a basket of currencies, caused havoc on financial markets on Monday morning and pushed the JSE almost 1% lower.
Yet another indication of a strong recovery in the US economy reinforced expectations that the Federal Reserve will push ahead with its first rate hike in almost a decade, and that supported the dollar.
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.