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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAs the dollar weakens, the South African rand strengthened in early trading on Monday, with the dollar slightly weaker on bets than U.S. interest rates may have peaked.
The rand traded at 18,3500 against the dollar at 06:50 GMT, up about 0.4% from its closing level on Friday. The dollar was down more than 0.2% against a basket of major currencies. According to analysts, the rand would likely change mainly based on global factors this week, with the national data calendar being relatively unloaded
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