THE rand continued to strengthen yesterday, once again breaking the key barrier of R8 to the US dollar.
Bullish investor sentiment on the international economy, as well as favourable reaction to Sunday's announcement that Gill Marcus will take over from Reserve Bank governor Tito Mboweni in November, appeared to be behind the currency's resurgence.- Benjamin Bradlow
Rand breaks key barrier
THE rand continued to strengthen yesterday, once again breaking the key barrier of R8 to the US dollar.
Bullish investor sentiment on the international economy, as well as favourable reaction to Sunday's announcement that Gill Marcus will take over from Reserve Bank governor Tito Mboweni in November, appeared to be behind the currency's resurgence.- Benjamin Bradlow
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