South Africa's rand up 1 pct as US data boosts EM currencies
JOHANNESBURG (Reuters) - South Africa's rand climbed 1 percent against the dollar on Wednesday as U.S. wholesale inventories data pointed to restrained growth in the world's biggest economy, boosting appetite for emerging market currencies.[nLNN9EEC48] The rand hit a session high of 15.2900 per dollar, up from Tuesday's New York close at 15.4450. (Reporting by Stella Mapenzauswa)
Read more »