JOHANNESBURG (Reuters) – The South African rand gained in volatile holiday-thinned trade on Friday after posting losses for the previous two days.
The rand traded at 18.66 against the dollar at 0730 GMT, about 1.1% stronger than its previous close.
The currency lost about 1% against the dollar over Wednesday and Thursday, the Christmas Day and Boxing Day public holidays.
The Johannesburg Stock Exchange’s Top-40 index was little changed. The benchmark 2030 government bond was marginally firmer, with the yield down 1.5 basis points at 9.025%.
(Reporting by Alexander Winning; Editing by David Goodman)
