Rand firms as global markets recover a little
But volatility remains high, as panic persists about the spread of the coronavirus
13 March 2020 - 12:04
The rand strengthened against major global currencies on Friday morning, although volatility remains high, as investors consider the coronavirus pandemic and oil dispute between Russia and Saudi Arabia.
The volatility index, which measures panic in the market over a 30-day period, reached its highest level since the 2008 financial crisis due to the virus pandemic. ..
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