South African rand edges higher with focus on ANC coalition talks

South Africa’s rand edged higher early on Wednesday, as focus remained on which coalition partner the African National Congress (ANC) would choose after losing its majority for the first time in last week’s election. At 0650 GMT, the rand traded at 18.6875 against the dollar ZAR=D3, 0.16% stronger than its previous close. The ANC is … Continue reading South African rand edges higher with focus on ANC coalition talks