The rand heads into the week with its focus firmly on local economic data and the upcoming FOMC meeting which could provide near-term directional bias for USDZAR. A joint meeting of the Federal Open Market Committee and the Board of Governors was held by videoconfer-ence on Tuesday June 15 2021 at 900 am.

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And contin-ued on Wednesday June 16 2021 at 900 am.

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