South African rand regains some ground against the dollar

South Africa’s rand firmed in early trade on Monday, recovering from an all-time low hit against the dollar last week as investors were spooked by possible sanctions amid U.S. allegations, rejected by Pretoria, that South Africa had shipped arms to Russia. At 0811 GMT, the rand traded at 19.0200 against the dollar ZAR=D3, 1.6% stronger … Continue reading South African rand regains some ground against the dollar