Rand trades flat overnight

The rand sighed with relief as a modicum of calm started to settle in after a week of violent looting, with the N3 highway – a key trade corridor – declared “open for business”, according to NKC Research. This came after 25 000 troops were deployed to quell...

Rand trades on the back foot

The rand was pulled along the seesaw trend as the trade-weighted US dollar crept higher on Tuesday, supported by a partial unwinding of the sharp curve flattening according to NKC Research. Ahead of Federal Reserve chairperson Jerome Powell’s testimony before...
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