UPDATE 1-South African rand, stocks jump as lockdowns eased
South Africa’s rand jumped
more than 1% to a 2-1/2 month high on Tuesday in an emerging
market rally spurred by growing hopes for a global economic
recovery, prompting investors to ditch safe-havens for high
yielding assets.
more than 1% to a 2-1/2 month high on Tuesday in an emerging
market rally spurred by growing hopes for a global economic
recovery, prompting investors to ditch safe-havens for high
yielding assets.
Posted by Reuters
