South Africa's rand climbed on Tuesday to its strongest against the dollar in more than 4 months, reflecting a recovery in commodity currencies as the price of crude appeared to stabilise.
Rand hits firmest in more than 4 months as commodity currencies recover
The rand touched 14.4085 to the greenback, the firmest it has been since Dec. 7, according to Thomson Reuters data.
South African Rand coins are seen in this photo illustration taken September 9, 2015. South Africa's rand recovered some ground on Monday after falling 4 percent on Friday due to a row involving the finance minister, but government bonds fell. REUTERS/Mike Hutchings
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