# Rand steady, stocks set to open flat - Moneyweb

> The rand steadied at 13.0100 per dollar early on Thursday ahead of South African producer price inflation and trade data. President Jacob Zuma was also due to face questions in parliament.

- Date: 2017-08-31 · published 2017-08-31T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/69754-rand-steady-stocks-set-to-open-flat-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

The rand is flat and no decisive driver is present, so the feed-cost effect for South African buyers is negligible. Trade and inflation data could move the currency later in the session.

## Read by commodity

- USDZAR: neutral

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-steady-stocks-set-to-open-flat-4/

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