The rand continued a three-day winning streak after the dollar, oil and gold prices weakened on hope a ceasefire agreement may be negotiated in the Israel-Hamas conflict in Gaza.
At 6pm on Monday the local currency had gained 0.76% to R18.6261/$, 0.61% to R19.9664/€ and 0.23% to R23.3871/£. The euro gained 0.5% to $1.0719. This was the first time in more than three weeks that the rand has broken below R20/€...
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