South African Rand Weakens Amid Power Crisis; Investors Eye Inflation Data and Interest Rate Decision

South African rand edges lower against dollar, weighed down by worsening power crisis
Ahead of local inflation figures on Wednesday and interest rate decision on Thursday
Analysts expect central bank to keep rates on hold at Sept. 21 meeting
Johannesburg Stock Exchange shares rose, with main indexes closing over 0.3% higher
South Africa's benchmark 2030 government bond yield rose to 10.475%

reuters.com

Relevant topic timeline:

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Posted 9/15/2023, 3:59:00 PM