#RandReport: Rand recovers as firms pledge R290bn investment

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RandReport: Rand recovers as firms pledge R290bn investment

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#RandReport: Rand firms in line with emerging markets and stocksThe rand was trading at 14.3300 per dollar by 1540 GMT, 0.35% firmer than its New York close of 14.143800.
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#RandReport: Rand firms as dollar slides, stocks jumpAt 1501 GMT, the rand traded at 14.1575 per dollar, 1.12% firmer than its New York close of 14.3175 on Tuesday.
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#RandReport: Rand eases further on budget worries, stocks bounceFinance Minister Tito Mboweni predicted wider budget deficits and cut growth forecasts in his medium-term budget on Wednesday.
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#RandReport: Rand gains on renewed risk appetite; stocks reboundThe rand was trading at 13.9675 per dollar by 1500 GMT, up 0.55% from its New York close of 14.0450.
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#RandReport: Rand gives up earlier gains, stocks firmStocks were firm but pared some of Monday’s gains following the trade war truce between the US and China as investors awaited detail.
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