Comment on S&P downgrades South Africa's local currency debt to 'junk' status

S&P downgrades South Africa's local currency debt to 'junk' status

JOHANNESBURG (Reuters) - S&P Global Ratings downgraded South African local currency debt to "junk" territory on Friday, citing a further deterioration in the country's economic outlook and public finances, sending the rand tumbling.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News