Johannesburg – The rand was mostly unchanged on Friday morning as traders enter holiday mode.
“The rand is really not doing anything today‚ trading has a holiday feel to it. We have very thin trading conditions at the moment‚” a local trader said.
At 8:37‚ the rand was bid at R8.4882/$ from its previous close of R8.4778 on Thursday. The local currency was bid at R11.2426/€ from its previous close of R11.2293 and at R13.6787 against sterling from R13.6571 before.
The euro was bid at $1.3244 from its overnight close of $1.3247.
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