MARKET WRAP: Rand ends week strongly on more than 3% gain against the dollar
The JSE all share closed 0.16% lower on Friday but the index is still up more than 20% in 2021
24 December 2021 - 16:51
Following a bumpy start to the week on global markets, the rand rose for a third straight day, touching R15.50 against the dollar for the first time in more than five weeks.
Markets have been torn between scares over the effects of further lockdowns due to the Covid-19 Omicron variant and economic recovery, which is set to come with interest rate increases going into the new year...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.