JOHANNESBURG (Reuters) – South Africa’s rand edged higher on Tuesday in thin-trading.
At 0916 GMT, the rand traded at 18.7375 against the dollar, about 0.2% stronger than its previous close.
“Moves are being exaggerated by the thin liquidity and we should see some stability return to the Rand come next week,” said Andre Cilliers, currency strategist at TreasuryONE.
On the stock market, the Top-40 index was little changed while the broader all-share index was up about 0.2%.
South Africa’s benchmark 2030 government bond was flat, with the yield at 9.055%.
(Reporting by Bhargav Acharya; Editing by Kirsten Donovan)
