The rand had its best day since April 7 on Wednesday as global risk appetite lifted following positive data from a coronavirus drug trial.
The gains came despite SA being set to fall out of the World Government Bond Index on Thursday, after the country’s debt was relegated to junk in late March, when Moody’s Investors Service became the last of the major ratings agencies to remove the country’s investment-grade status.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Market data — April 28 2020Market data including bonds, unit trusts and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »