The rand was fairly steady against the dollar on Tuesday afternoon, surprising analysts with its stability, but with expectations the rest of the week could be more volatile. Major risk factors facing the rand include global central bank announcements. Developments ahead of the ANC’s national elective conference at the weekend are also being closely watched as investors gauge the relative strength of warring factions within the party.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.