MARKET WRAP: Rand firms, while JSE ends a volatile week lower

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The rand touched R14.9643/$ in intraday trading, the its best level in almost three weeks

The rand briefly broke below the R15/$ level on Friday, while the JSE closed marginally weaker with global markets mixed as investors continued to digest developments as the Russia-Ukraine conflict continued unabated..

Markets remain fixated on Ukraine and Russia, while the sanctions on the latter are generating a fog of uncertainty for global economic prospects in 2022...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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