South Africa's rand firmed 1 percent against dollar to 13.3950 on Thursday, recovering some of its losses from the previous session when investors pulled back after finance minister Nhlanhla Nene cut this year's growth forecast.
Rand bounces back after budget-related drop
South Africa's rand firmed 1 percent against dollar to 13.3950 on Thursday
"The rand was a bit oversold after yesterday," said Ryan Woods, senior trader at Independent Securities.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Lagos postpones eagerly anticipated Easter boat regatta indefinitely
Third Mainland Bridge reopens in 1 week, formal ceremony later - Minister
Sanwo-Olu opens 'Sunday market' on Good Friday for Easter shopping
Wike thanks Tinubu for the opportunity to serve
Tinubu’s aide distributes food items to 1,750 persons in FCT, Kwara
Court grants senator accused of forging NYSC certificate ₦50m bail
BREAKING: Delta monarch declared wanted by military surrenders to police
Renowned Canada-based Nigerian playwright, Oguntokun is dead
Kaduna Gov grants scholarship to 137 rescued schoolchildren, son of late teacher
Pulse Sports
Nigeria vs Mali: Has Finidi George done enough to land Super Eagles job permanently?
I want to emulate Keshi and win the AFCON - Finidi George shares ambitious Super Eagles dream
Michelle Alozie: I had to do it because of African referees
AC Milan star reveals he was named after Super Eagles legend Tijani Babangida
Give him the job! Super Eagles fans beg NFF to make Finidi George permanent coach after Nigeria's win over Ghana
Super Eagles 2-1 Black Stars: Nigerians praise Iwobi, Lookman, Finidi George after friendly victory against Ghana
ADVERTISEMENT