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• The SA Daily – All the world is down

  by Shireen Darmalingam Thu Apr 09 08:27:00 SAST 2020

  To cushion the blow from the COVID-19 pandemic, governments and central banks around the globe have responded quickly with various measures. As stabilisation efforts get underway, investors will remain cautious …

  The SA Daily – Viral turmoil for financial markets

  by Shireen Darmalingam Wed Apr 08 08:21:41 SAST 2020

  It’s been 12 days since SA’s 21-day national lockdown commenced. We now have 1,749 confirmed cases of COVID-19, with the official death toll at 13. The government recently announced a …

  The SA Daily – EM currencies embattled

  by Shireen Darmalingam Tue Apr 07 08:21:42 SAST 2020

  The rand regained some ground after sliding to its lowest level yesterday of $19.35/$ in the wake of the SA sovereign downgrade by Fitch ratings agency last Friday — but …

  The SA Daily – Downgrades go viral

  by Shireen Darmalingam Mon Apr 06 08:43:27 SAST 2020

  Fitch ratings agency downgraded SA’s sovereign rating further last Friday, to BB (from BB+), with a negative outlook — because there is no clear government strategy to ensure debt stabilisation, …