Rand erases 2019 losses on rising optimism
BL PREMIUM
19 December 2019 – 00:07
SA assets, which have spent most of 2019 under pressure from a stagnant economy and prospects of credit downgrades, are rising on a wave of optimism driven by the prospect of a trade deal between China and the US.
The rand, often a barometer of investor sentiment towards emerging markets, rose to its highest level in more than five months against the dollar.
Source: businesslive.co.za