The rand was into its second day of gains on Tuesday morning as global risk sentiment improved while investors await manufacturing and unemployment data later in the day. 

The local currency was the best performing among emerging-market currencies tracked by Bloomberg on Tuesday, trading below the psychologically important R15/$ for a second day. ..

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 exclusive Financial Times articles, 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