The rand was having its best day in more than three months on Friday as investors digested dovish signs from the US Federal Reserve.
At 2.02pm, the rand had firmed 2.13% to R16.6845/$, 1.25% to R19.8779/€ and 1.20% to R22.2204/£. The euro had strengthened 0.81% to $1.1943. The rand reached an intra-day best of R16.66, its best level in four weeks.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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