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

December 9, 2016 9News Nigeria Africa, African Economy, South Africa 0

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
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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)

 

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