South Africa's rand strengthened on Friday as the dollar weakened after U.S data showed job growth slowed more than expected in June.
A South African Rand is seen in this illustration picture taken October 30, 2020.
Mike Hutchings/Illustrationafter U.S data showed job growth slowed more than expected in June.The dollar index was last at 102.240, down more than 0.8% against a basket of global currencies.in an employment report that also showed 110,000 fewer jobs were created in April and May than earlier reported.the previous day as the Federal Reserve's June meeting minutes revealed a hawkish policy stance, prompting investors to move away from riskier assets.
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