Rand surge raises hopes Reserve Bank won’t raise rates any time soon 🔒
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#Rand Report: Rand firms on US rate expectations, stocks climb
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MARKET WRAP: JSE flat as rand hedges offset retailer gainsThe local bourse finished January up 2.69%, but this was a tepid performance in a global context, largely due to a poor performance from retailers
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Rand slightly firmer ahead of Brexit voteEmerging-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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#RandReport: Rand steady before Fed's policy decision, stocks downAt 1510 GMT the rand was trading at 13.6200 per dollar, little changed from a close of 13.6000 on Tuesday.
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Rand inches up as offshore turmoil aids EM currenciesThe rand opened marginally firmer on Wednesday with investors treading water and awaiting developments in the Brexit saga and the US central bank’s decision on lending rates.
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