Rand set for second day of gains

The rand was firmer on Thursday, on track for its second day of gains as a resurgence in Covid-19 cases put pressure on the dollar.This article is reserved for our subscribers.

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.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rand gains along with emerging-market peersThe US Fed indicates more stimulus as Covid-19 surges in that country, and investors move to safe-haven assets such as gold
Source: BDliveSA - 🏆 12. / 63 Read more »

Beneficiaries of Eskom’s multibillion-rand ‘error payment’ named | CitypressEskom has finally disclosed four of the contracts in which a controversial overpayment totalling R4 billion was made, saying that all contracts were related to work at Kusile Power Station in eMalahleni, Mpumalanga, and that several investigations through law enforcement agencies were ongoing.
Source: City_Press - 🏆 7. / 72 Read more »

Rand weakens amid growing number of Covid-19 cases globallyThe local currency market remains rangebound
Source: BDliveSA - 🏆 12. / 63 Read more »

Rand weakens amid growing number of Covid-19 cases globallyRand weakens amid growing number of Covid-19 cases globally 🔒
Source: BDliveSA - 🏆 12. / 63 Read more »

Gold on the rise as investors move to safe havens as virus surgesSafe-haven demand is strongest in countries hit hardest by the coronavirus
Source: BDliveSA - 🏆 12. / 63 Read more »

Stimulus hopes push gold close to eight-year highThe metal is steady as worry over surging Covid-19 cases and the hope of more stimulus measures from the Fed boost safe-haven demand
Source: BDliveSA - 🏆 12. / 63 Read more »