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The rand was little changed at 17.1950 per dollar in early trade on January 30, close to its prior close of 17.2050. Investors were waiting for December money supply and trade data and the January S&P Global PMI.
The dollar index was flat near 101.94.
A flat rand leaves South African dollar-priced feed import costs unchanged in the near term. This is routine market commentary with no new driver.
brecorder.comReutersJan 30, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
