• Dangerous games

    Employers' body Neasa is playing a potentially dangerous game, says Terry Bell.

  • Rational thinking

    All players should first consider the net result of their actions, says Leopold Scholtz.

  • Telkom's property poser

    BEE may be hindering Telkom's plans to offload redundant real estate, says Gugu Lourie.

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Rand reverses losses

Jun 11 2013 16:05 Reuters
Rand notes

(Shutterstock) (Shutterstock)

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Johannesburg - The rand wiped out earlier losses in late afternoon trade on Tuesday, turning firmer against the dollar after local factory output beat forecasts. 

The rand, which was earlier sold off to a new four-year low of R10.36, firmed 0.46% to R10.1401 by 15:51.     
 

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