Rand Holds Steady Ahead of Fed
The South African rand remained steady in early trade as rising gold prices supported sentiment. Investors now await the upcoming Federal Reserve policy decision and domestic retail sales data.
Xurve View
Insights:
Xurve View
The South Africa rand held steady against the USD/ZAR at 16.26 during Wednesday morning trade, supported by bullion gains. The move follows two sessions of losses for the local currency.
