#CommunityAMA South African Rand Softens on Inflation Survey and Risk-Off Flows The rand dipped to 17.66 per dollar as investors digested new inflation expectation survey results from the South African Reserve Bank. The survey showed upward pressure on near-term price outlooks, which could keep the SARB cautious. Meanwhile, capital outflows intensified amid concerns over global trade tensions and dollar liquidity. Local political uncertainty also played a role in discouraging foreign investment. Traders remain focused on upcoming U.S. payroll data and whether it will revive global risk appetite.