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The rand steadied and rose on Tuesday in a risk-on market as stock markets and commodity prices rebounded on signs that coronavirus infections were slowing in hotspots. Speculation about a possible fourth US fiscal support package also supported sentiment.
The firmer rand eases near-term import cost pressure, though analysts expect a sustained recovery to take time given the domestic outbreak.
poundsterlinglive.comJames SkinnerMar 31, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
