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.  ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now