Rand on track for best month since January, but still ‘undervalued’
Mercato Financial Services says the rand is undervalued by about R2/$, and may dip materially below R14/$ in coming months
28 June 2019 - 15:26
The rand was steady against major global currencies on Friday afternoon as investors waited for weekend developments.
The currency is looking set to have its best month against the dollar since January...
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