South African Rand Drops To 1-1/2-month Low Against U.S. Dollar
28 January 2020 - 6:14PM
RTTF2
The South African Rand lost ground against the U.S. dollar in
the European session on Tuesday, as investor fear that the
coronavirus outbreak in China will have a negative impact on the
economy.
The South African Rand dropped to a 1-1/2-month low of 14.71
against the greenback from Monday's closing value of 14.61. The
currency is seen finding support around the 15.5 mark.
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