Rand set for biggest weekly gain in three
The local currency has been the best performer among its emerging-market peers over the past five days
The rand looked set for its best weekly performance in three weeks on Friday morning as emerging-market currencies have been bolstered by the hope that the US and China will soon sign a partial trade deal.
Global market sentiment was boosted by reports that the US will roll back on some of the tariffs on Chinese goods as part of the phase one trade deal. ..