Rand erases 2019 losses on rising optimism

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