The rand broke below R18 to the dollar for the first time since August as the inauguration of president-elect Cyril Ramaphosa and the prospect of a new “market-friendly” government lifted sentiment.

Market participants will focus on Ramaphosa being sworn in as president later in the day while awaiting the appointment of government officials...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.