MARKET WRAP: Rand holds steady as Fed meets

The rand held steady against the dollar on Tuesday with investors awaiting the outcome of Wednesday’s US Federal Reserve meeting.

Stocks extended Monday’s declines, but recovered above the psychologically important 70,000-point level as inflation and the war in Ukraine continue to dominate the headlines...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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