South Africa’s rand weaker, stocks set to open lower

A shopkeeper counts out change above her cash box at her shop in Hillcrest, west of Durban, South Africa, January 11, 2016. REUTERS/Rogan Ward
Social sharing

JOHANNESBURG (Reuters) – South Africa’s rand weakened against the dollar early on Friday, extending losses from the previous session after weak domestic economic data and the European Central Bank’s decision to trim its stimulus programme knocked the currency lower.

(Reporting by Olivia Kumwenda-Mtambo; Editing by Gopakumar Warrier)

 

Leave your comment on this post
READ ALSO  President Buhari Congratulates New President-Elect of Zambia, Commends President for accepting defeat
About 9News Nigeria 11275 Articles
9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: info@9newsng.com Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng

Be the first to comment

Leave your comment