Rand stable as market watches for local data, and load-shedding

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Rand stable as market watches for local data, and load-shedding
Argentina Últimas Noticias,Argentina Titulares

The local currency is steady after a steep fall on Monday, with geopolitical developments and domestic data in focus

 

Argentina Últimas Noticias, Argentina Titulares

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SA's manufacturing output jumps, boosting rand - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.SA's manufacturing output jumps, boosting rand - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South Africa’s manufacturing output rose more than expected in October to its highest level since June 2016, data showed on Tuesday, lifting the rand as the economy showed further signs of recovering from recession. In preparation for festive season sales perhaps? Let's wait for a trend before we get excited.
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#RandReport: Rand firms in line with emerging markets and stocks#RandReport: Rand firms in line with emerging markets and stocksThe rand was trading at 14.3300 per dollar by 1540 GMT, 0.35% firmer than its New York close of 14.143800.
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#RandReport: Rand firms as dollar slides, stocks jump#RandReport: Rand firms as dollar slides, stocks jumpAt 1501 GMT, the rand traded at 14.1575 per dollar, 1.12% firmer than its New York close of 14.3175 on Tuesday.
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