News Formal

MARKET WRAP: Rand firms below R15/$ as global risk sentiment improves

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Sverige Nyheter Nyheter

Both the US Federal Reserve and the Bank of England said last week that neither was in a hurry to raise interest rates

The rand reached its best level in 12 days as risk sentiment globally picked up after promising employment numbers in the US and as most central banks kept their rates unchanged last week.

At 6.20pm on Monday the rand had firmed 0.78% to R14.9327/$, 0.53% to R17.3009/€ and 0.25% to R20.2402/£. The euro had gained 0.18% to $1.1586...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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

If it was under Zuma administration, rand manipulators would have been hard at work.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Vaccines: Africa could dominate the market but poverty hinders progress – expert'There is no reason why we shouldn't start developing our own vaccines. We have scientists. We have the human resources and expertise, we'll have the market'.
Källa: TheCitizen_News - 🏆 6. / 75 Läs mer »

WATCH: Market ReportBusiness Day TV talks to Martin Smith from Anchor Capital and Viv Govender from Rand Swiss Offshore
Källa: BDliveSA - 🏆 12. / 63 Läs mer »