SA rand slumps af­ter Trump’s win

The Star (Kenya) - - News Business -

South Africa’s rand tum­bled as much as four per cent on Wednes­day along with other emerg­ing mar­ket cur­ren­cies af­ter in­vestors were rat­tled by a shock win for Repub­li­can Don­ald Trump in the fiercely-con­tested US elec­tion. Trump scored a sur­pris­ing win over Demo­crat Hil­lary Clin­ton, open­ing a path to the White House for the po­lit­i­cal out­sider seen as a risk to global growth.

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