By David Henry NEW YORK (Reuters) – The dollar sank to its lowest level in over two months against a basket of peer currencies on Friday, as vote counting for the contentious U.S. elections slowly moved toward a divided government and investors predicted more losses for the currency. Investors are […]
Slumps
South Africa’s rand plumbed a record low after the country lost its last investment-grade credit rating, and investors anticipated it may slide deeper into junk as the spread of the coronavirus decimates the economy. The currency dropped as much as 2.5% to 18.0863 per dollar, breaching 18 versus the greenback […]