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Daily Dose

15 June 2021

The rand trading again with a slight negative bias. The local unit trading up to 13.80 as demand for dollars continues, and the market awaits the Fed tomorrow. Local investors continue squaring up short positions ahead of a local holiday tomorrow and the Fed’s FOMC. 

Daily Dose

14 June 2021

A stronger dollar across the board, local position squaring ahead of a short week and the Fed FOMC on Wednesday were all the catalysts for the rand to finish the week weaker.

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