MARKET WRAP: Rand breaks four-day losing streak

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JSE little changed along with global peers

The rand broke a four-day losing streak on Monday, easing off record lows as concerns about relations between SA and US eased and sentiment improved.

The local currency gained more than 1.5% in intraday trading, touching a session best of R18.9898/$ on reports that Washington and Pretoria are working on patching up diplomatic relations after last week’s accusations that SA provided weapons to Russia...

 

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