Rand Strengthens Against Global Currencies Despite Tensions In Anc/da Talks

2 Days(s) Ago    👁 57
rand strengthens against global currencies despite tensions in ancda talks

The rand strengthened against the rand in midday trade on Friday, even though the prospect of a government of national unity (GNU) took a blow after talks between the African National Congress (ANC) and the Democratic Alliance (DA) stalled.

The rand was trading around R18.20 against the dollar at 12pm on Friday.

Earlier in the morning the rand was trading around R18.41 against the dollar.

The rand was trading around R19.48 to the euro and R23.00 to the pound midday on Friday.

At 8:30am the rand was trading around R19.71 to the euro and R23.28 to the pound.