BUSINESS MAVERICK : SA markets: Moody’s move was priced in, but pricing Covid-19 is impossible at this stage   

Was the Moody’s downgrade already priced into South African markets? The direction that the rand, now near record lows, and bonds took during the month suggest this was the case. But no one knows how to price in the full impact of the Covid-19 pandemic. ...

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Published By: dailymaverick - Tuesday, 31 March