Rand gains as Beijing talks shape risk

Rand gains as Beijing talks shape risk

South Africa’s rand firmed in early Wednesday trade as investors turned their attention to Beijing, where talks between U. S. President Donald Trump and China’s President Xi Jinping were expected to influence appetite for emerging-market assets, commodities and risk-sensitive currencies. By 0749 GMT, the rand was trading at 16.4517 against the dollar, about 0.4% stronger than its previous close. The move followed a weaker session on Tuesday, […] The article Rand gains as Beijing talks shape risk appeared first on Arabian Post .

Source: Arabian Post
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