Rand slightly rebounds as global sentiment picks up
US President Donald Trump said on Thursday that Chinese and US officials were holding ‘productive’ talks over the phone
The rand was firmer on Friday rebounding after a heavy global sell-off week prompted by fears of a global recession and the concerns about the US-China trade war.
US President Donald Trump said on Thursday that Chinese and US officials were holding “productive” talks over the phone and that the two parties would still meet in September. China earlier threatened to retaliate against the 10% tariff on its imports.