JOHANNESBURG, April 20 (Reuters) - The South African
rand was steady in early trade on Thursday, as caution reigned
on global financial markets before a barrage of central bank
meetings in the coming weeks.
At 0600 GMT, the rand traded at 18.1875 against the U.S.
dollar , near Wednesday's close of 18.1900.
The rand has mainly tracked global drivers this week,
reacting little on Wednesday to March inflation readings that came in higher than expected and
February retail sales that were worse than forecast.
No major domestic economic data releases are due on
Thursday.
The dollar was also little changed against a basket of
currencies .
(Reporting by Alexander Winning
Editing by Mark Potter)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.