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Motto: The South African rand is strengthening

21/11/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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On Tuesday, the South African rand strengthened in early trading, as risk sentiment improved over growing expectations that the US Federal Reserve would stop raising interest rates.

The rand was trading at 18.3300 at 06:41 GMT against the dollar, 0.11% stronger than its previous close. Investors will focus on Thursday on the inflation figures expected on Wednesday and on the South African Reserve Bank's interest rate decision

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