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Home South Africa

South African rand firms ahead of local PMI, vehicle sales data

admin by admin
October 3, 2022
in South Africa
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Oct 3 (Reuters) – South Africa’s rand firmed in early trade on Monday, ahead of a local purchasing managers’ index (PMI) survey and new vehicle sales data that could give some clues on the health of the economy.

At 0639 GMT, the rand traded at 18.0375 against the dollar, 0.21% stronger than its previous close.

The dollar index , which measures the currency against six rivals, was last down 0.17%…



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