The South African rand edged up toward 17.3 per USD, amid rising prices of gold and as traders turned their focus to consumer price inflation due this week. Inflation is expected to see a slight acceleration to 3.5% in September from 3.3% in the prior month. Attention was also on a possible removal of South Africa from the Financial Action Taskforce’s “grey” list, a group that also includes Algeria, Bulgaria, Cameroon, Lebanon, Nigeria, Haiti, and Yemen. South Africa’s placement on the FATF 'greylist' in 2023, due to non-compliance with its standards, immediately affected the country’s competitiveness and attractiveness to global investors by reducing capital inflows. The FATF, a Paris-based global watchdog on money laundering and terrorist financing, will hold its plenary meeting from Wednesday, 22 October, to Friday, 24 October.