The rand is riding a wave of improvement in global sentiment as a drop in new coronavirus infections in many countries boosted emerging-market assets, while stimulus by major economies sloshes around the world looking for high-yielding opportunities.
On Monday, the rand reached levels last seen in late January 2020, prior to the devastating blow Covid-19 and its associated lockdowns dealt to the SA economy...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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