The rand was firmer on Friday morning and set for its second day of gains as markets await a fresh catalyst while investors remain concerned about the rise in Covid-19 cases.

At 9am, the rand had firmed 0.31% to R16.8806/$, 0.43% to R19.6980/€ while it was flat at R21.5563/£. The euro was little changed at $1.1671.

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