South African rand gains ground against dollar while investors await US jobs report
The rand gained against the dollar today as investors weighed soft US retail data. Markets now await key American jobs and inflation reports for policy cues.
The South African rand strengthened 0.2% to 15.9225 per dollar in early trade on Wednesday, a move primarily triggered by a weaker U.S. dollar. This market-driven development in South Africa 
ZA followed a report that retail sales in the United States 
US unexpectedly stalled, leading to a softening of the greenback as investors turn their attention to upcoming economic data.
ZA followed a report that retail sales in the United States US unexpectedly stalled, leading to a softening of the greenback as investors turn their attention to upcoming economic data.
