The rand had its fifth day of gains on Friday morning as emerging-market currencies were supported by hope of more stimulus in the US and positive economic data.
At 5.31pm, the rand had firmed 0.94% to R16.4473/$, 1.20% to R19.2692/€ and 0.47% to R21.2782/£. The euro had weakened 0.22% to $1.1717. The local currency has gained 4.84% over the past five days, according to data from Infront.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
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