The rand was a little weaker late on Friday morning as concerns about a delayed US stimulus decision weighed on sentiment, while a resurgence of rolling power cuts threaten an already fragile economic recovery in SA.

The rand has been trading around R17/$ for two weeks due to uncertainty caused by the coronavirus pandemic, which has put pressure on emerging-market currencies, while the government’s continued ban on the sale of alcohol and cigarettes is further bruising confidence.

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