The South African rand was flat in early trade on Thursday, as global investors avoided taking large positions while digesting a surprise US Treasury announcement aimed at supporting the bond market. At 0658 GMT the rand traded at 16.09 against the dollar, unchanged from its previous close.

The South African rand was flat in early trade on Thursday, as global investors avoided taking large positions while digesting a surprise US Treasury announcement aimed at…

The South African rand strengthened on Friday as gold prices edged higher and remained on course for a third weekly gain, while a weaker US dollar and the US Treasury's bond…