South African rand recoups some losses after US jobs data, stocks fall on tariff concerns
JOHANNESBURG, August 1 (Reuters) -The South African rand gained against a softer dollar after the United States reported weaker-than-expected jobs data, but stocks on the local bourse fell sharply as traders mulled the impact of higher tariffs on the country after it failed to clinch a trade agreement with Washington. At 1604 GMT, the rand …