The rand sustained a strong projector fuelled by a sustained rebound in global economies and positive US Treasury data.
The rand strengthened due to a higher yield on South Africangovernmentbonds, according toSABC News.
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Source: Briefly News
Reeshni ChettyReeshni Chetty is a senior current affairs reporter.
Reeshni has a passion for breaking the stigma surrounding mental health issues.
The South African rand has reached a two-year high, going strong against other currencies. Image: Waldo Swiegers/BloombergSource: Getty Images
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