South African rand holds steady amid central bank decision and US trade talks

JOHANNESBURG, Sept 19 (Reuters) – The South African rand maintained its stability on Friday, with traders carefully considering the South African Reserve Bank’s choice to keep interest rates at the current level. Alongside this decision, ongoing trade negotiations with the United States were also being evaluated. South Africa aims to decrease significant tariffs imposed by the U.S., contributing to the cautious approach of investors. These developments have a direct impact on the rand’s performance in the international market.