The South African rand was subdued in early Wednesday trade, pressured by a rebounding U.S. dollar and a contraction in December’s local Purchasing Managers’ Index, the sharpest drop in business activity since January 2025.
JOHANNESBURG, Jan 7 (Reuters) – The South African rand was subdued in early Wednesday trade, pressured by a rebounding U.S. dollar and a contraction in December’s local Purchasing Managers’ Index, the sharpest drop in business activity since January … [1089 chars]
Source: Reuters | Published: 2026-01-07T07:13:16Z
Credit: Reuters
