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UASZAR is back towards the high of the day.....>

RAND
RAND: UASZAR is back towards the high of the day at 16.55, with attention
turning to the SARB rate decision. 
-Presser is at 14.00BST, and we normally get a decision within the first 15
minutes. 
-Local desk report very thin turnovers in the currency, since Equities prices
are anchored at current levels, and have traded within ranges. 
-They note that in rate space, they are seeing better paying interest from
offshore, with some market participants positioning for a 50bps cut. 
-Survey is going for a 25bps cut to 3.5%, and estimates are ranging from 3.75%
to 3.25%.  

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