Rand Holds Steady Before Manufacturing and Car Sales Data

The rand held steady at 16.6075 per dollar before the release of manufacturing and car sales data. Analysts expect a decline in demand amid regional tensions.

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South Africa's rand held steady at 16.6075 against the dollar on May 4 as investors awaited manufacturing and vehicle sales data. The USD/ZAR pair remained unchanged from its previous close during the early morning. These data points will clarify how industrial activity and consumer demand are navigating regional conflict and rising costs.

Manufacturing Sentiment Faces Geopolitical Headwinds

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