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South Africa's assets gain as it concludes G20 finance meeting with communique - REUTERS
JOHANNESBURG, July 18 (Reuters) - South Africa's rand, government bonds and stocks gained on Friday as investors mulled over the country's hosting of a two-day Group of 20 finance meeting where participants agreed a final communique, the first since October 2024.
South Africa, under its presidency's motto "Solidarity, Equality, Sustainability", has aimed to promote an African agenda, with topics including the high cost of capital and funding for climate change action.
A communique indicates that G20 finance leaders have reached consensus on at least some key issues.
At 1503 GMT, the rand traded at 17.7050 against the U.S. dollar , up roughly 0.6% on Thursday's close.
