Rand could tick stronger

11 October 2015 - 17:57 By RDM News Wire

SA sees only second tier data this week‚ but the rand could continue to tick stronger on the perceived dovish outlook from the US Federal Reserve’s Federal Open Market Committee (FOMC)‚ says Investec economist Kamilla Kaplan. However‚ she says while major economic releases are absent from the domestic calendar‚ second tier data in the form of civil judgements for debt will be noted for a steer on the financial situation of consumers during the third quarter period.

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