Rand at two-month high ahead of US-China meeting
A weaker dollar has lifted the local currency, but risk events loom in the form of the G20 meeting
28 June 2019 - 10:06
The rand was a little firmer on Friday morning, reaching a two-month high against the dollar, as the greenback continued to face headwinds due to the expectation the US Federal Reserve will loosen monetary policy.
The local currency looks set for its best monthly performance against the dollar since January, with dovish commentary from the world’s most influential central bank providing some relief for the rand...
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