JOHANNESBURG (Reuters) -The South African rand and stocks fell on Monday, with investors cautious ahead of a raft of local data.
At 1532 GMT, the rand traded at 17.5700 against the dollar, about 1.18% weaker than its Friday close.
This week, domestic data that could influence rand trading includes October mining output and November business confidence data on Tuesday, November consumer inflation and October retail sales on Wednesday, and November producer inflation on Thursday.
The U.S. Federal Reserve and the European Central Bank are also holding their policy meetings this week.
On the Johannesburg Stock Exchange, the Top-40 index closed 0.11% lower, while the broader all-share index fell 0.17%
The South African government’s benchmark 2030 bond was slightly weaker in afternoon deals, with the yield rising 3.5 basis points to 10.505%.
(Reporting by Alexander Winning and Anait Miridzhanian; Editing by Subhranshu Sahu and Susan Fenton)
