Rand set for fourth day of gains with focus still on US stimulus

The rand was on track for its fourth day of gains on Wednesday morning, firming alongside its emerging-market peers as investors bet on more US stimulus.

At 10.23am, the rand had firmed 0.28% to R16.4089/$ while it was flat at R19.4603/€ and had weakened 0.63% to R21.4238/£. The euro had firmed 0.32% to $1.18606.

Source: businesslive.co.za