UPDATE 1-South Africa’s rand retreats as U.S.-China tensions dim risk appetite
21 May UPDATE 1-South Africa’s rand retreats as U.S.-China tensions dim risk appetite
Posted at 15:41h
in
News
by KMFSLLP
South Africa’s rand
weakened on Friday as the emergence of a fresh source of tension
between the United States and China after Beijing moved to
impose a new security law on Hong Kong hurt demand for
currencies seen as higher risk.
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