Rand steady, but long-term outlook remains cloudy
The local currency has steadied on Friday morning as focus shifts to upcoming risk events, including next week’s US Federal Reserve policy announcement
14 June 2019 - 09:56
The rand was little changed on Friday morning, looking set for a second day of range-bound trade, as markets waited for fresh catalysts.
At 9.30am the rand was flat at R14.861/$ and R16.7598/€, while it had firmed 0.13% to R18.8231/£. The euro was unchanged at $1.1277...
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