Rand improves as market eyes US job numbers
The local currency has benefited lately from a weak dollar, which follows a policy shift by the US Fed to allow higher inflation
04 September 2020 - 12:38
The rand was firmer on Friday morning, in line with its emerging-market peers, as currency traders awaited US non-farm payrolls data later in the day.
The jobs data is a key barometer of the health of the US economy and will ultimately determine the direction of the rand after a volatile week, said FXTM senior research analyst Lukman Otunuga...
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