Battered rand regains its strength

15 July 2016 - 10:06
By Bloomberg, ©BDlive

THE rand strengthened to an 11-week high against the dollar, beating all other emerging market currencies on the day as prospects for stimulus in major economies boosted demand for riskier assets.THE rand strengthened to an 11-week high against the dollar, beating all other emerging market currencies on the day as prospects for stimulus in major economies boosted demand for riskier assets.

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