Rand slightly firmer as virus worry eases
Concern about the coronavirus outbreak upset risk assets this week, but the local currency is on track to snap a three-week losing streak against the dollar
24 January 2020 - 11:35
The rand gained against major currencies on Friday morning, as investors digested the extent of the outbreak of coronavirus in Asia, with investor appetite improving a little after sentiment was knocked earlier in the week.
Global market declined this week amid the fear of the effect of the outbreak and its resulting damage on the world economy...
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