South Africa’s Rand, Bonds Gain as Auction Draws Strong Demand
South Africa’s rand strengthened to a six-month high against the dollar and bonds rallied after an auction of government debt attracted the strongest demand in almost three months.
By Mpho Hlakudi · Bloomberg Markets
South Africa’s rand strengthened to a six-month high against the dollar and bonds rallied after an auction of government debt attracted the strongest demand in almost three months.