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Rand flat as market awaits US jobs data

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(iStock)
(iStock)

Johannesburg - The rand was largely unchanged against the dollar in early trade on Thursday, as investors awaited US job numbers which could impact appetite for emerging markets by giving pointers on the timing of the next US interest rate hike.

The rand was 0.7% higher R13.74/$ by 09:40 after closing Wednesday's session in New York at R13.72/$.

Government debt was also mostly flat, with yield for 10-year paper dipping half a basis point to 8.645%.

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ZAR/USD
17.14
(-1.51)
ZAR/GBP
21.85
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