The rand was slightly firmer against major global currencies on Wednesday morning, holding steady around R14.04/$, ahead of a series of risk events.
US inflation data for March could also give the market direction, while focus is also on an EU summit, where UK Prime Minister Theresa May will request an extension of the Brexit deadline to June 30. At 9.40am the rand was 0.36% firmer at R14.0373/$, 0.36% up at R15.8099/€ and 0.27% stronger at R18.3375/£. The euro was flat at $1.1263.
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Rand firmer, stocks dragged down by profit-takingAt 1700 GMT the rand was 0.2% firmer at 14.1150 per dollar from an overnight close of 14.1450 in New York.
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