News24 | Rand slumps amid market crisis, with speculation of emergency US rate cut
![News24 | Rand slumps amid market crisis, with speculation of emergency US rate cut](https://cdn.24.co.za/files/Cms/General/d/12036/c2e8cbb1c97b45c7abf4041f84601b7c.jpg)
Weak US employment data has triggered fears of a US recession, causing investors to flee riskier assets.
Weak US employment data has triggered fears of a US recession, causing investors to flee riskier assets.