Rand Weakens Ahead of Manufacturing PMI Data The South African rand started the week on a weaker footing, declining 0.64% to trade at R18.15 to the dollar as of 0620 GMT. This comes ahead of the release of the November Absa Purchasing Managers’ Index (PMI), which is expected to shed light on the health of … Continue reading Rand Weakens Ahead of Manufacturing PMI Data as Investors Await Key Indicators