The rand firmed to the strongest level in almost four weeks on Wednesday, gaining for the fifth consecutive session after the government said would consider moving a Brics summit out of the country.
The unit currency briefly strengthened to below R19/$ as “the geopolitical risk premium surrounding SA Inc seems to be unwinding, allowing the rand to retreat from its massively oversold position”, RMB analysts said in a note...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
MARKET WRAP: JSE and rand gain on GDP dataEconomy proves resilient in the first quarter despite intense load-shedding, led by manufacturing
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »