Rand a little firmer after new Chinese stimulus

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Rand a little firmer after new Chinese stimulus eNCA

File: The rand remains the most volatile currency on a one-week basis, according to Bloomberg, although its volatility has eased from levels seen last week.JOHANNESBURG - The rand was boosted along with Asian equity markets on Monday morning, lifted a little by new Chinese economic stimulus measures as well as some good news regarding the US-China trade war.

At 9.30am on Monday the rand was 0.15 percent firmer at R15.2911/$, 0.11 percent up at R16.971/€ and 0.31 percent to the better at R18.5544/£. The euro was flat at $1.1102.

 

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