JOHANNESBURG – South Africa’s rand weakened with the dollar noisy . trade on Wednesday as investors awaited the federal government Reserve’s policy statement for hints to the US interest outlook.

At 0708 GMT, the rand traded at 13.4000 per dollar, 0.34% weaker by reviewing the Big apple close .

The US Federal reserve concludes its two-day meeting down the line Wednesday using the central bank largely anticipated to hold home interest rates steady. The focus will be on language about future increases.

“The product opens at 13.31, which includes a morning session lower a lot of 13.35 plus a downward trend – this points to a rand that wants to go lower,” Rand Merchant Bank economist Isaah Mhlanga said.

The yield to your benchmark government bond due in 2026 rose 3 basis points to 8.7%.

The All-share index traded 0.21% as many as 54 031 points, although Blue-Chip Top-40 index rose 0.2% to 47 232 at 0721 GMT.?