(Reuters) - South Africa's rand firmed against the dollar on Thursday and reached its strongest level in 11 months, buoyed by firmer metals prices and the prospect of foreign inflows into the country.
The rand was trading at 6.8790 around 1450 GMT, about 0.87 percent firmer than its New York close of 6.9340 on Wednesday. The local unit reached 6.8550 earlier, its strongest level since August 20 last year according to Reuters data.
Read more at Reuters Africa
The rand was trading at 6.8790 around 1450 GMT, about 0.87 percent firmer than its New York close of 6.9340 on Wednesday. The local unit reached 6.8550 earlier, its strongest level since August 20 last year according to Reuters data.
Read more at Reuters Africa
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