ZAR, Stocks Sink as US Recession Fears Hit Riskier Assets
JOHANNESBURG, Aug 5 Reuters South African stocks and the rand sank in early trade on Monday as global investor sentiment soured towards riskier assets due to growing fears that the United States could be heading for recession. At 0723 GMT, the rand traded at 18.50 against the dollar , more than 1.2 weaker than its […]