Johannesburg - The rand firmed more than 1.5% against the dollar on Wednesday, touching a fresh three-month high in line with a stronger euro as hopes of a resolution to Greece’s debt problems boosted risk appetite.
The rand rallied to R7.6950/$, its strongest level since October 28 last year, and was trading at R7.70/$ in late afternoon trade.
The rand rallied to R7.6950/$, its strongest level since October 28 last year, and was trading at R7.70/$ in late afternoon trade.