Loading...
See More

Rand cheers transport strike resolution

Oct 12 2012 12:47 Reuters

Shutterstock

Related Articles

Strike optimism lifts rand, bonds

Rand jumps on trucker strike deal

Marcus warns of vicious cycle of strikes

Rand unmoved by strike news

JSE firms‚ awaiting strike news

Rand will bounce back, says Gordhan

 

Johannesburg - The rand extended earlier gains to a fresh one-week high against the dollar on Friday after news that employers and unions had reached an agreement to end a three-week long truckers’ strike.

The rand firmed to R8.5920, its strongest level since last week Friday, gaining from R8.6305 before the news of the agreement. It closed at R8.66 in Thursday’s New York session.


*Follow Fin24 on Twitter and Facebook

 
rand  |  dollar  |  transport strike  |  markets

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
2 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

The Fast and Furious R40 million

With the Fast and the Furious 7 hitting South African cinema’s this April, all eyes are on the cars and we’re in for a treat!

 
 

Luxury living

This is the most expensive burger in the world!
Exclusive food items that WILL break the bank
Top 10 most expensive homes in the world
You can permanently live on a ship and sail the world!

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

How will you manage Vodacom’s price hike for contracts?

Previous results · Suggest a vote

Loading...