Rand strengthens on surprisingly solid second-quarter GDP
The mining sector led the second-quarter rebound after climbing 14.4% while manufacturing rose 2.1%
03 September 2019 - 13:24
The rand was firmer on Tuesday afternoon as investors reacted to better-than-expected GDP growth in the second quarter.
The local economy expanded 3.1% in the second quarter of 2019 from a revised contraction of 3.1% in the previous quarter, surpassing economists' expectations of an expansion of 2.5%, according to a Bloomberg consensus...
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