The rand extended its gains on Wednesday, with the JSE tracking firmer global markets as investors focused on the progress on new US fiscal stimulus and positive news about Covid-19 vaccines.
The rand, which broke below the R15/$ level for the first time in more than 10 months on Tuesday, after SA’s third-quarter GDP numbers beat expectations, firmed against major currencies, reaching an intraday best of R14.8731/$, according to Infront data...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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