# Rand flat ahead of PPI, trade data - Moneyweb

> The rand traded flat at 13.64 per dollar on Thursday after its recent rally to a one-month high. Investors were waiting for October producer inflation and trade balance data. Bonds were weaker, and the Top-40 index opened lower.

- Date: 2017-11-30 · published 2017-11-30T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/68281-rand-flat-ahead-of-ppi-trade-data-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

The data are expected to signal the direction of local interest rates, which affects the rand and the cost of imported feed inputs. Without a new shock, the currency is likely to stay range-bound.

## Read by commodity

- USDZAR: neutral

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-flat-ahead-of-ppi-trade-data/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.