Rand firms as global risk sentiment improves

South Africa’s rand strengthened on Wednesday, supported by improved risk sentiment in global markets following hawkish comments from the US Federal Reserve, while investors awaited domestic consumer price inflation data. At 0635 GMT, the rand was around 0.3% stronger R14.80 to the dollar, hovering close to five-month highs scaled in the previous session on expectations … Continue reading Rand firms as global risk sentiment improves