South African rand holds ground after strong GDP data

South Africa's high-flying rand held its ground on Wednesday, after better-than-expected economic growth data the previous day had bolstered hopes of an improvement in the country's finances. In early trading, the rand, which is the world's top performing major emerging market currency this year, was flat at 13.56 per dollar and just off a 28-month high hit on Friday.

from Engineering News | Home https://ift.tt/3v6FG2C