Rand recovers a little after sell-off related to bond index exit
The rand has lost more than a quarter of its value against the dollar so far in 2020
04 May 2020 - 11:57
The rand firmed against major currencies on Monday, on course to break its two-session losing streak, despite rising tension between the US-China.
Over the weekend, US President Donald Trump said that sanctions might be imposed on China due to the Covid-19 outbreak. This comes as US officials suspect that the pandemic may have originated in a Chinese lab, while they are also accusing China of covering up the scale of the outbreak...
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