The rand was little changed on Friday morning as investors are being cautious as attention remains on US stimulus talks while local markets await the medium-term budget policy statement (MTBPS) due next week Thursday.

At 9.07am, the rand was flat at R16.2042/$ while it had firmed 0.10% to R19.1307/€ and 0.10% to R21.1710/£. The euro had weakened 0.13% to $1.1804...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now