Emerging-market currencies are finding support from a softer dollar, with the market expecting a dovish tone from the Fed later this week
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Rand recovers before inflation dataThe rand recouped some of the previous day’s losses early on Wednesday, before the release of inflation data which is expected to show a significant slowdown in price rises for consumer goods.
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Rand regains levels last seen in AugustThe local currency has strengthened back under R13.60/$, making it one of January’s best-performing, emerging-market currencies
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Rand weakens in cautious trade, stocks down - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The rand weakened against the dollar on Monday, before a week packed with market-moving events.
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Rand likely to remain firm in coming weeks, says economistThe gains so far in January are the most since at least 1989 and more than any other emerging-market currency
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#RandReport: Rand weakens in cautious trade, stocks downAt 1523 GMT the rand was 0.62% weaker at 13.7000 per dollar, as it struggled to hold recent gains below the 13.60 technical resistance mark.
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