South Africa's rand gained more than one percent against the dollar on Friday, tracking a rally in US stocks and topping the list of emerging market currencies tracked by Reuters.
|||South Africa's rand gained more than one percent against the dollar on Friday, tracking a rally in US stocks and topping the list of emerging market currencies tracked by Reuters.
The rand was trading at 7.1350 to the dollar at 17:25 SA time, 1.3 percent firmer than Thursday's New York close of 7.2325.
Government bonds also ended firmer, with yields falling across the curve. - Reuters
Source: http://www.iol.co.za/rand-hits-one-week-high-1.1126087
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