The rand was slightly firmer against major global currencies on Monday morning, benefiting slightly from events on Sunday.
US Federal Reserve chair Jerome Powell also gave an interview at the weekend that was upbeat on the US economy’s prospects.
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#RandReport: Rand edges higher, stocks flatAt 1515 GMT, the rand was 0.1% firmer at 14.2175 per dollar compared with a close of 14.2300 on Friday in New York.
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SARB nationalisation alarms market, sinks rand | IOL Business ReportThe domestic currency immediately weakened, giving up earlier gains as a consequence and was trading at R14.34 to the US dollar at around 3:30pm. But it is nationalised. This whole thing is so stupid smh. CR is behaving worse than the flip-flop party. The same as ZUMA the same shit ,the same corruption THE SAME GANGSTER
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MARKET WRAP: JSE slips as rand pushes to R14.40/$Local bourse tracks weaker world markets, despite an 18% surge by MTN, while the euro and rand slide
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