The dollar index was little changed after falling 0.5% in the previous session as investors digested data that showed US consumer prices increased more than expected in September.
However, the investment mood remained broadly cautious,which is likely to continue to support the dollar. “I doubt the weaker dollar will sustain … the dollar is the safe-haven currency currently,” Kong said. Investors remained on the watch for an intervention from the government to prop up the fragile currency.
How did it perform against the rand? Did I miss that information?
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