The rand pared earlier losses on Thursday as markets digested the SA Reserve Bank’s decision to keep interest rates unchanged.
At 5.55pm, the rand had firmed 0.28% to R16.2260/$ reaching R16.17/$ earlier in the day, its best level since March. It had strengthened 0.20% to R19.1868/€ and 0.28% to R21.0126/£. The euro had firmed 0.11% to $1.1825.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 Times Select.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MARKET WRAP: Rand at best level in six months with focus still on central banksThe rand reached its best level in six months on Wednesday 🔒
Source: BDliveSA - 🏆 12. / 63 Read more »
Discovery Bank opens new front in the battle for market shareThe group will begin using its formidable broker network to market the behavioural bank
Source: BDliveSA - 🏆 12. / 63 Read more »
Discovery Bank opens new front in the battle for market shareThe group will begin using its formidable broker network to market the behavioural bank
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: Rand at best level in six months with focus still on central banksThe rand reached its best level in six months on Wednesday 🔒
Source: BDliveSA - 🏆 12. / 63 Read more »