UPDATE 1-South Africa’s rand lifted by dovish Fed comments, stocks fall
28 Nov UPDATE 1-South Africa’s rand lifted by dovish Fed comments, stocks fall
Posted at 15:31h
in
News
by KMFSLLP
South Africa’s rand firmed
against a softer dollar on Thursday, in line with emerging
markets and a fall in bond yields, as dovish comments from U.S.
Federal Reserve Chairman Jerome Powell boosted demand for
riskier assets.
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