South africa rand
[LISTEN] Why the rand is trading at a near 5-month low
The Money Show’s Bruce Whitfield interviews Rand Merchant Bank currency strategist John Cairns.
At 1440 GMT the rand was 0.04% firmer at 12.0600 per dollar compared to an overnight close at 12.0650.105 days ago
The rand has been on the front foot since December, gaining around 8% as investors bet Cyril Ramaphosa’s election as leader of the ruling African National Congress.135 days ago