The South African rand edged higher in early trade on Wednesday ahead of local consumer price index (CPI) data and an interest rate announcement from leaders in the world’s biggest economy.

At 0615 GMT, the rand traded at 18.9000 against the dollar , more than 0.1% above its previous close.

The dollar last traded around 0.02% stronger against a basket of global currencies.

At 0800 GMT, Statistics South Africa will release the country’s August consumer inflation data.

 

Source: CNBC

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