South African rand holds near early-March highs near 16.2/USD
The South African rand traded around 16.2 per USD, near its highest since early March, as a subdued dollar and firmer gold coincided with inflation moderating to 4.3% in July.
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South African rand holds firm near 16.2 per USD
The South African rand trades around 16.2 per US dollar near its highest since early March, supported by a weaker dollar and precious-metals gains tied to easing Fed rate-hike bets.