Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Feb 01, 2018

South Africa's Rand Last Looked This Good a Decade Ago: Chart

(Bloomberg) -- It's been a good few months for emerging-market currencies, and none more so the rand. South Africa's currency has had its best three-month run in almost 10 years as it rides a wave of optimism following Deputy President Cyril Ramaphosa's election as the leader of the ruling African National Congress. The 19 percent gain in the period ended Jan. 31 is more than double that of the next-best emerging-market currency, Poland's zloty.

To contact the reporter on this story: Colleen Goko in Johannesburg at cgoko2@bloomberg.net.

To contact the editors responsible for this story: Dana El Baltaji at delbaltaji@bloomberg.net, Robert Brand

©2018 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search