The South African Rand strengthened moderately against major currencies, rebounding from a two-day losing streak, First National Bank (FNB) said in its morning brief on Thursday.

Global markets are trading mixed as investors monitor prospects for easing United States (US)-China tensions ahead of the expected meeting between President Donald Trump and President Xi Jinping.

Dangote Refinery is set to debut its initial public offering (IPO) on the Nigerian Exchange, Lagos-based investment firm Cowry Asset Management hinted today.

The short-term benchmark rates were steady in the money market, as liquidity conditions in the financial system remained surplus following a series of open-market operations.

Venezuela has launched a broad restructuring of its foreign debt, including obligations tied to state oil company PDVSA, the Ministry of Economy and Finance announced on Wednesday.

Ripple (XRP) price is down 0.56% to $1.43 ahead of the U.S. Clarity Act vote, underperforming a flat market amid broad crypto risk-off sentiment sparked by hot inflation data.