South African rand steady in start of rate decision week

JOHANNESBURG, Sept 18 - The South African rand was steady in early trade on Monday, ahead of local and international interest rate announcements this week.

"The SARB is expected to keep rates unchanged but remain hawkish on the back of concerns of an uptick in inflation on the back of the higher fuel price," said Andre Cilliers, currency strategist at TreasuryONE.

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