JOHANNESBURG, Aug 26 (Reuters) – The South African rand showed minimal movement during early trading on Tuesday as market participants awaited the release of crucial economic data from the central bank, which is expected to offer insights into the nation’s financial trajectory. n nAt 0536 GMT, the currency was quoted at 17.6025 per U.S. dollar, nearly unchanged from its previous session’s closing level. n nThis upcoming report is anticipated to assist locally oriented investors in evaluating the performance and stability of the continent’s most advanced industrial economy. n nIn parallel, South Africa’s benchmark government bond maturing in 2035 experienced a slight decline in value at the start of the session, with its yield increasing by 2 basis points to reach 9.595%. n nReporting by Sfundo Parakozov; Editing by Janane Venkatraman
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South African rand flat ahead of leading indicator data
JOHANNESBURG, Aug 26 (Reuters) – The South African rand was little moved in early trade on Tuesday, ahead of the release of local central bank data that will shed light on the country’s economic outlook. n nAt 0536 GMT the rand traded at 17.6025 against the dollar , a whisker away from Monday’s close. n nSign up here. n nIt will help domestically-focussed investors to gauge the health of Africa’s most industrialised economy. n nSouth Africa’s benchmark 2035 government bond was weaker in early deals, as the yield rose 2 basis points to 9.595%. n nReporting by Sfundo Parakozov; Editing by Janane Venkatraman