Currency

The rand weakened to within a hair’s breadth of the symbolic R14/$‚ putting it on track for its worst quarterly performance since 2011. The rand has been a casualty in the trade spat between the US and China‚ which has brought uncertainty…

The rand was almost 2% weaker against the dollar on Tuesday morning‚ as the trade spat between the US and China escalated‚ casting a shadow over the global economic outlook. The latest slide took the rand dangerously close to R14/$ —…