News24 | Rand hits best level in months ahead of US inflation test
![News24 | Rand hits best level in months ahead of US inflation test](https://cdn.24.co.za/files/Cms/General/d/9293/c462850e70ac403780ecfbac7f62c622.jpg)
On Monday, the rand dipped below R18.35/$ – its strongest level since mid-January amid renewed optimism that US rates may be cut, along with subsiding election fears and commodity price strength.