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Rand hits firmest in more than 4 months as commodity currencies recover
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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...
The rand touched 14.4085 to the greenback, the firmest it has been since Dec. 7, according to Thomson Reuters data.
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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.
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