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The rand had a mixed week, strengthening against the pound, holding broadly flat against the euro, but weakening against the dollar into Friday

The rand traded slightly flatter during yesterday’s session, opening at R16.47/$ and steadying through the day to close at R16.42/$, reflecting modest gains in the local currency

The last time I wrote this morning commentary before some time off, the Rand was trading around 16.5450, which is pretty close to current opening levels

The dollar found some support against most majors as the lack of progress in Middle East peace talks kept markets on edge, while higher oil prices added another layer of

On Friday, the rand continued to impress as it continued to improve

Already the 4th of May and we see no progress in the Middle East crisis