The dollar last traded around 0.08% stronger against a basket of global currencies.
"Data/event risk is low, and markets are really in wait and see mode for tomorrow afternoon's U.S. CPI report," Rand Merchant Bank analysts said in a research note. Like other emerging market currencies, the risk-sensitive rand often takes cues from global economic events such as U.S. monetary policy in the absence of major local drivers.Reporting by Tannur Anders; editing by Christina Fincher
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: