The rand was little changed in midday trade‚ after the US dollar gained against major currencies heading into the weekend.
Analysts said with the monetary policy committee decision out of the way‚ markets were now transfixed by global developments and today's European Union finance ministers' meeting.
At 11:39 the rand was bid at R8.1900 to the dollar from its previous close of R8.1639. It was bid at R10.0364 to the euro from its previous close of R10.0190 and at R12.8633 against sterling from R12.8235 before.
The euro was bid at US$1.2257 from its previous close of $1.2274.
Henry Flint of Thebe Stockbroking‚ said: "The rand is range bound. I don't think it reacted much to the MPC decision. It seems the markets will remain quiet into the weekend‚ awaiting news from China‚ which might impact on commodities‚ which will move the rand."
Meanwhile‚ Dow Jones Newswires reported that the UK may need to do more to boost lending and see off the threat of deflation‚ a senior British regulator will say on Friday.
Adair Turner‚ chairman of the Financial Services Authority and a member of the Bank of England's Financial Policy Committee‚ will tell an audience in Manchester‚ England‚ that a package of measures aimed at encouraging greater lending and spurring economic growth may not be sufficient to overcome deflationary forces in the economy and counteract the drag on activity from public and private sector efforts to pay down debt.
11:39 (09:39 GMT)
Dollar/Rand 8.1900 8.1573- 8.2047 8.1639
Euro/Rand 10.0364 10.0106-10.0500 10.0190
Sterling/Rand 12.8633 12.8158-12.8740 12.8235
Euro/Dollar 1.2257 1.2245- 1.2283 1.2274
-I-Net Bridge