Rand rallies against dollar

THE rand regained as much as 1,9% against the dollar in later trade yesterday, turning back recent losses, while shares ended stronger.

THE rand regained as much as 1,9% against the dollar in later trade yesterday, turning back recent losses, while shares ended stronger.

The Top-40 index rose 1,99%, while the broader All-Share index advanced 1,89%.

At close the rand traded 1,53% firmer at 7,7450 to the dollar, after surging to 7,7150 earlier, a gain of 1,9% over Wednesday's 7,8650 close. - Reuters

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