South Africa’s rand rallied to its firmest since December in afternoon trade on Thursday after the European Central bank cut interest rates and stepped up its stimulus program. By 1305 GMT the rand had firmed 1.12 percent to 15.0300 per dollar, its strongest level since Dec. 21. “This means there is more cheap money going … Continue reading South Africa’s rand firms to 2-1/2-month high after ECB cuts rates