Rand nervous ahead of Federal Reserve rate announcement Segment 01

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Moody’s reckons banks’ credit worthiness likely to come under pressure in the next 12 to 18 months.
27 May 2016 3PM English South Africa Business · News

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Markets: R18bn traded on a slow day

Nick Kunze of Sanlam Private Wealth said R18 billion was traded in local markets on a relatively quiet day, with Brent crude rising to about $109, the Nasdaq Composite hitting record highs, and the rand steady at around R16.40. He added that the US Fed is expected to keep interest…
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