The rand is on track for its best week in three months, boosted by a reprieve from Moody's Investors Service
The rand was marginally firmer against major global currencies, on track for its best week since January.
Positive Chinese data, as well as signs of progress in US-China trade talks, has boosted sentiment. On Thursday, US President Donald Trump said a trade deal with China was about four weeks away, although he did not announce a date for a summit with Chinese President Xi Jinping, reported Dow Jones Newswires.
At 9.30am the rand was 0.24% firmer at R14.0895/$, 0.19% up at R15.8184/€ while remaining flat at R18.4536/£. The euro was flat at $1.1227.
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