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Friday currency trading and movement was a non- event, with the rand trading in a 6c band

The rand found some breathing room this week, stabilising after the recent spell of weakness

The rand had a tough day on Wednesday, coming under renewed pressure as a stronger US dollar and rising oil prices combined to create an unfavourable backdrop for the rand

The rand showed a lot of resilience in yesterday’s session despite a firmer US dollar

September was a challenging month for investors, both globally and locally

Yesterday, the Rand found some support from SA economic releases through the day improving by 10c (M3, trade balance and credit extension)