(Reuters) - South Africa's rand gained on the dollar on Monday, boosted by continued investor appetite for high-yielding currencies and stronger emerging markets in general.
The local unit was trading at 7.0875 against the greenback ay 1520 GMT, 0.5 percent firmer than its previous New York close and extending a rebound from a 2-1/2 month low of 7.3645 hit on June 8.
Read more at Reuters Africa
The local unit was trading at 7.0875 against the greenback ay 1520 GMT, 0.5 percent firmer than its previous New York close and extending a rebound from a 2-1/2 month low of 7.3645 hit on June 8.
Read more at Reuters Africa
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