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    Home»Business»Rand little changed against dollar

    Rand little changed against dollar

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    The rand was little changed in early trade on Monday, ahead of a slew of domestic economic data due this week.

    At 08:41 the rand traded at 17.19 against the US dollar.

    This week, local investors will be looking at money supply, trade and budget balance figures for December, in addition to the purchasing managers’ index survey for January by S&P Global for clues on the health of the economy.

    The dollar index, which measures the currency against six rivals, was last up 0.05% at 101.94.

    The government’s benchmark 2030 bond was unchanged in early deals, with the yield at 9.665%.

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