Rand firms as China’s comments ease trade-war jitters
Producer price inflation slowed to 4.9% in July from 5.8% previously, below Bloomberg’s 5.3% consensus
29 August 2019 - 15:21
The rand was firmer on Thursday afternoon after China said it hopes the US will create conducive conditions for the two to negotiate trade terms next month.
China’s foreign ministry spokesperson Gao Feng said on Thursday that the two economic superpowers have started discussing face-to-face negotiations, which are expected to take place in September...
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