South African rand slips ahead of key US inflation report

South Africa’s rand slipped on Friday, as focus shifted towards a reading of a key U.S. inflation gauge due later in the day. At 0630 GMT, the rand traded at 18.4075 against the dollar ZAR=D3, down 0.2% from its previous close. “The rand struggled yesterday… as thin liquidity and the squaring of short dollar positions … Continue reading South African rand slips ahead of key US inflation report