MARKET WRAP: Rand stretches run to fourth day on US stimulus hopes

The rand gained for a fourth day on Wednesday, firming alongside its emerging-market peers as stimulus talks in the US continue.

At 5.37pm, the rand had gained the most in more than a month, up 1.11% to R16.2755/$. It strengthened 0.72% to R19.3218/€, while weakening 0.48% to R21.3928/£. The euro added 0.39% to $1.1872.

Source: businesslive.co.za