South African rand extends gains after key rate left unchanged

The South African rand was stronger in early trade on Friday, extending its Thursday gains after the central bank kept its main interest rate unchanged. At 0644 GMT, the rand traded at 18.7700 against the dollar , 0.3% stronger than its previous close. The dollar last traded around 0.03% weaker against a basket of global … Continue reading South African rand extends gains after key rate left unchanged