Rand lifts as markets await more direction

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South Africa Headlines News

Currency dealer Andre Botha says the R16.50/$ to R17 range remains intact

The rand was slightly firmer on Thursday morning as global markets awaited more direction, while locally, Eskom had escalated blackouts to stage 4.

At 09.58am, the rand had firmed 0.17% to R16.7804/$, 0.38% to R19.8266/€ and 0.39% to R22.3225/£. The euro had strengthened 0.30% to $1.1817.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 Times Select.

Source: Financial Digest (financialdigest.net)

 

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