USD/ZAR: South African rand loses momentum ahead of SARB decision

The USD/ZAR price pared-back some of the earlier losses after South Africa released relatively weak inflation data ahead of the SARB decision. The pair is trading at 14.96, which is slightly higher than the intraday low of 14.86. Elsewhere, the EUR/ZAR rose to 18.11 while the GBP/ZAR rose to 20.43. South Africa weak inflation ahead […]