MARKET WRAP: Rand muted as investors digest mixed US economic data
Some retail sales growth in America contrasts with surge in workers filing for unemployment benefits
16 January 2025 - 18:49
The rand was little changed on Thursday, giving back some of the gains it made this week, while the JSE pared losses as investors digested US economic data.
TreasuryONE director and head of market risk Wichard Cilliers said the dollar index has held steady about the 109.12 level, reflecting cautious sentiment as markets digest the mixed US economic data released recently...
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