MW South African rand leads currency losers after economic outlook downgrade
MW South African rand leads currency losers after economic outlook downgrade
MW South African rand leads currency losers after economic outlook downgrade
MW南非兰特在经济前景下调后领跌货币
South Africa's rand sold off on Wednesday after newly appointed Finance Minister Tito Mboweni unveiled a downgraded economic forecast for the country. The rand was the worst performing emerging market currency versus the dollar during the session, with the greenback climbing more than 2% against it. Mboweni announced that government debt is expected to keep rising until 2024 -- two years longer than expected -- when it will hit some 60% of gross domestic product, rather than 56%, as previously forecast. The budget deficit is also set to widen. The rand slipped to a near two-week-low against the U.S. dollar, with one buck last buying 14.5760 rand, up more than 2% from 14.2569 late Tuesday in New York. The iShares MSCI South Africa ETF (EZA) was meanwhile down 4%.
南非兰特周三遭抛售,此前新任财长Tito Mboweni公布下调该国经济预估。兰特是盘中表现最差的新兴市场货币兑美元,美元兑兰特攀升逾2%。姆博维尼宣布,政府债务预计将持续上升,直到2024年-比预期多两年-届时政府债务将达到国内生产总值(GDP)的60%左右,而不是之前预测的56%。预算赤字也将扩大。兰特兑美元跌至近两周低点,1美元兑14.5760兰特,较周二纽约尾盘的14.2569上涨逾2%.与此同时,iShares MSCI南非ETF(Eza)下跌了4%。
-Anneken Tappe; 415-439-6400; AskNewswires@dowjones.com
-Anneken Tappe;415-439-6400;电子邮件:AskNewswres@dowjones.com
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October 24, 2018 13:45 ET (17:45 GMT)
2018年10月24日美国东部时间13:45(格林尼治标准时间17:45)
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