Rand muted as investors await US Fed testimony
Jerome Powell is expected to give his outlook for US monetary at Congress on Wednesday
09 July 2019 - 10:28
The rand was flat against the dollar on Tuesday morning ahead of US Federal Reserve chair Jerome Powell's testimony before US Congress this week.
Powell is expected to give an outlook for US monetary policy on Wednesday as expectations that the Fed will cut interest rates become faint. The Fed will also release its meeting minutes for June. ..
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