Johannesburg - The rand rallied more
than 1.5% against the dollar on Thursday in line with other high-yield
currencies, as rekindled expectations of further quantitative easing in the US
weighed on the greenback.
The unit touched a session high of R7.8825 to the dollar, and was at
R7.8970 by 15:30 GMT compared to Wednesday’s close at R8.0050.