MARKET WRAP: Improved risk sentiment pushes rand to best level since 2019
Industrial metals, resources and listed property stocks lost the most this week, while banks and financials made the biggest gains
21 May 2021 - 18:32
The rand broke below R13.90/$ for the first time since July 2019 as optimism surrounding the global economic outlook brightened, raising risk sentiment.
The rand gained for a second day on Friday, as better-than-expected economic data from the eurozone boosted risk-on trade...
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