MARKET WRAP: Rand firms, while JSE ends slightly lower after setting record earlier in the week
If the rand moves below R15/$ it could mean R14.80/$ becomes the next target, market analyst says
11 February 2022 – 19:11
The rand firmed for the fourth consecutive session on Friday, while the JSE closed slightly weaker on the day after a strong week overall during which the all-share index hit a fresh record high.
The rand briefly broke below the R15 per dollar level on Thursday — its best level in three weeks — and retained its firm tone on Friday. The rand gained 1.07% for the week and is up 5.75% so far this year…
Source: businesslive.co.za
