Rand set for third day of gains as stimulus optimism lifts markets

The rand was on track for its third consecutive day of gains on Friday as hope for more stimulus in the US lifted market sentiment.

At 9.39am, the rand had strengthened 0.64% to R16.4806/$, 0.44% to R19.3973/€ and 0.37% to R21.3557/£. The euro had firmed 0.12% to $1.1771.

Source: businesslive.co.za