South Africa ETF Pops as Rand Currency Strengthens
This article was originally published on ETFTrends.com.
The South Africa country-specific ETF rallied Wednesday as the South African rand currency firmed below the 14.00 level for the first time in six weeks while the weaker U.S. dollar fueled investor demand for developing markets. Among the best performing non-leveraged ETFs of Wednesday, the iShares MSCI South Africa ETF (NYSEArca: EZA) increased 3.0%. Financial [...]