The rand firmed for the fourth consecutive session on Friday, while the JSE closed slightly weaker on the day after a strong week overall during which the all-share index hit a fresh record high.
The rand briefly broke below the R15 per dollar level on Thursday — its best level in three weeks — and retained its firm tone on Friday. The rand gained 1.07% for the week and is up 5.75% so far this year...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 Sunday Times Daily.
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