Locally, no major domestic economic data is expected on Wednesday while Eskom continues with stage 2 load-shedding
The rand was set for its second day of gains this week due to a weaker dollar as global markets shift focus to the US Federal Reserve’s meeting minutes.
At 10.10am, the rand had firmed 0.31% to R17.2653/$, 0.24% to R20.6162/€ and 0.12% to R22.8766/£. The euro was flat at $1.1938. The local currency is down 18.6% so far in 2020.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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