The rand firmed to its best level in nearly two years on Tuesday amid easing US inflation concerns as comments from the Federal Reserve reaffirmed its dovish stance.
Its emerging-market peers also gained as the Fed’s comments helped calm investor nerves about tightening monetary policy...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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