After a rather volatile August the Rand seems to be drifting sideways so far in September. What have our trading ranges been and is there any reason for this muted activity?
As we know the Rand takes most of its direction from the Dollar and their recent data releases have been patchy. Is there anything on the US calendar that the Rand should be keeping its eye on?
Locally we’ve had the welcome move by Cyril Ramaphosa from Alert Level 3 to Alert Level 2 this past Sunday night while our vaccination program seems to be making progress. Have these headlines helped the Rand?
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