Rand firmer but volatility picks up as risks loom
The rand firmed amid a mixed performance by its emerging-market peers on Friday afternoon, but may ‘wander aimlessly' on global risk sentiment’
14 June 2019 - 15:11
The rand was firmer against major global currencies on Friday afternoon, on track for its second week of gains against the dollar.
The rand’s one-week implied volatility, however, was at a one-month high, Bloomberg data showed, putting it at a level it was last at when the country awaited the results of SA’s national polls on May 9...
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