Rand tracks global market recovery
Asian markets are recovering from recent losses prompted by the coronavirus, as the rand is on track for a second session of gains
04 February 2020 - 11:50
The rand firmed for the second consecutive session on Tuesday morning, as global risk assets recovered a little from the effects of the coronavirus outbreak.
The rand had benefited from an improved mood on on global markets on Monday evening, strengthening from the psychologically important R15/$. The rand performed best out of the 24 emerging-market currencies tracked by Bloomberg on Monday...
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