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The rand firmed against a weaker dollar in early Monday trade, trading at R16.67 per dollar. Focus was on central bank meetings in South Africa, the US and Britain that week.
A firmer rand modestly eases South African import costs, but the move is routine currency trading with no notable feed-market implication.
moneyweb.co.zaOlivia Kumwenda-Mtambo, ReutersSep 14, 2020Not 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.
