South African rand firms to 10-month high a week before election - SABC News

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South African rand firms to 10-month high a week before election - SABC News
Election
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The rand strengthened to a 10-month high on Tuesday, a week before a general election.

strengthened to a 10-month high on Tuesday, a week before a general election, with analysts citing rising expectations that the outcome of the vote was unlikely to disrupt markets.

A tracking poll by think-tank Social Research Foundation showed support for the governing African National Congress has risen in the weeks leading up to the May 29 election, suggesting it may only need a small coalition partner or could even win a majority.

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