Rand Firms Following South Africa Wins Rating Reprieve By Moody’s

Rand Firms Following South Africa Wins Rating Reprieve From Moody's 3(Bloomberg) — South Africa’s rand was quoted stronger in ancient Asia-Pacific trading hours Monday following the nation clung to its last investment-grade credit rating. Moody’s Investors Service on Friday declared that it had determined not to downgrade the credit score of the country although it did reduce the outlook.
News story published on 2019-11-03T21:09:00.0000000Z