South African Rand Climbs To 5-day High Versus U.S. Dollar
2020年1月22日 - 4:33PM
RTTF2
The South African Rand strengthened against the U.S. dollar in
the European session on Wednesday, as a data showed that the
nation's consumer price inflation rose to the highest level in
three months in December.
Figures from Statistics South Africa showed that the consumer
price index rose 4.0 percent year-on-year in December, following a
3.6 percent increase in November. This was in line with economists'
expectation.
The inflation was the highest since September, when it was 4.1
percent.
The South African Rand climbed to a 5-day high of 14.41 versus
the greenback from Tuesday's closing value of 14.49. If the Rand
continues its rise, 13.00 is possibly seen as its next resistance
level.
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