Rand muted as focus shifts to ECB policy meeting
The euro’s rally to a two-year high is making European Central Bank officials nervous
BL PREMIUM
10 September 2020 – 11:54
The rand was little changed on Thursday as investor focus shifted to the European Central Bank (ECB) policy meeting later in the day.
The rand staged a decent recovery to the R16.60/$ level on Wednesday, tracking a stronger euro, said Peregrine Treasury Solutions executive director Bianca Botes in a note.
Source: businesslive.co.za