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South African currency up as...

South Africa’s rand gained early on Monday,...

South African currency up as risk appetite revives

South Africa’s rand gained early on Monday, as the dollar was dragged down by a steady rise of coronavirus infections in the United States. At 06:30 GMT, the rand was up 0.66% at 16.9425 per dollar after closing at 17.0500 on Friday. Trading in the Asian session saw a return of risk appetite after last week’s narrow ranges, with demand growing for the rand and other emerging-market currencies. Rising Coronavirus infections in the United States have discouraged some investors from taking big positions in the currency market but must remain focused on...

South African currency...

South Africa’s rand gained early on Monday, as the dollar was dragged down by a steady rise of coronavirus infections in the United States. At...
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