Rand little changed as markets awaits US stimulus decision

The rand was little changed on Wednesday morning with investors wary as they await the decision on the US stimulus package.

“Markets are a bit directionless at the moment with conflicting signals coming out around the pandemic and the US stimulus package. Risk-sensitive emerging-market currencies are all trading a touch softer as investors take a cautious stance,” said TreasuryONE senior dealer Andre Botha. 

Source: businesslive.co.za