The Rand recovered all its losses following the Federal Reserve’s 25-basis-point interest-rate hike. Here are today’s mid-market exchange rates, major global developments and the expected USD/ZAR trading range.

The Rand steadied near R16.16 as Brent Crude eased to $98 a barrel, but today brings the SARB's rate decision, fresh CPI data, and the first US-China state visit in a decade — all with the potential to move the market.