South African rand weakens as firmer dollar, oil jump weigh on sentiment

The South African rand weakened on Monday, pressured by a firmer U.S. dollar and ​a jump in oil prices, as escalating tensions between ‌the United States and Iran weighed on global market sentiment. At 1334 GMT, the rand traded at 16.6925 against the dollar , down 0.5% from its ​previous close. The safe-haven U.S. dollar… Source

South African rand weakens as firmer dollar, oil jump weigh on sentiment
The South African rand weakened on Monday, pressured by a firmer U.S. dollar and ​a jump in oil prices, as escalating tensions between ‌the United States and Iran weighed on global market sentiment. At 1334 GMT, the rand traded at 16.6925 against the dollar , down 0.5% from its ​previous close. The safe-haven U.S. dollar…

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