South Africa’s rand, stocks recover on improved risk-taking
JOHANNESBURG (Reuters) -The South African rand and stocks continued their recovery on Wednesday from last week’s plunge, as risk appetite returned somewhat to markets, with investors betting that the Omicron COVID-19 variant would not derail the economic recovery. At 1511 GMT, the rand traded at 15.7950 against the dollar, 0.61% firmer than its previous close. …
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