The rand was on track for its fifth day of gains on Thursday morning as investor focus remains on US stimulus talks, with a decision on the deal expected in the coming days
IG senior market analyst Shaun Murison attributes the rand’s movements to dollar weakness rather than rand strength, as markets look to the prospect of US stimulus for short-term guidance.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
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