South African Rand Edges Up as Dollar Weakens
The rand edged higher in early trade on Friday as the dollar weakened. Investors are watching next week's medium-term budget for clues on South Africa's fiscal outlook and credit-rating prospects.
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Rand edges up as dollar weakens and gold prices rise
The South African rand edged up Thursday, supported by a weaker dollar and firmer gold prices, as investors looked ahead to a closely watched U.S. jobs report for signals on the Federal Reserve’s next policy moves.