Rand at strongest in 16 months as risk appetite returns
The local currency broke below the R14/$ mark for first time in 16 months, stretching last week’s rally, which was supported by bond inflows
10 May 2021 - 11:55
The rand broke below the R14/$ mark for first time in 16 months on Monday, stretching last week’s rally, which was supported by bond inflows.
Foreigners have bought a net R8.2bn worth of SA bonds over the past week, the most since mid-December, boosting the value of the rand...
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