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The rand firmed slightly in early trade on Tuesday to 16.4275 per dollar, about 0.17% stronger than Monday's close. Traders focused on the Federal Reserve meeting, which was expected to keep a dovish stance.
The IMF also approved $4.3 billion in emergency financing for South Africa.
The move is routine currency trading ahead of a central bank meeting, with no direct effect on feed commodity markets.
brecorder.comReutersJul 28, 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.
