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South African rand flat ahead of leading indicator data


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South African rand flat ahead of leading indicator data

Rand Currency
Photo by Reuters

26th August 2025

By: Reuters

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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.

At 0536 GMT the rand traded at 17.6025 against the dollar, a whisker away from Monday's close.

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At around 0700 GMT, the South African Reserve Bank will publish the country's leading business cycle indicator for June, which collects data on vehicle sales, business confidence, money supply and other factors.

It will help domestically-focussed investors to gauge the health of Africa's most industrialised economy.

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Domestic releases due later in the week include producer inflation numbers on Thursday, money supply and private sector credit data, and trade balance and budget balance figures on Friday.

South Africa's benchmark 2035 government bond was weaker in early deals, as the yield rose 2 basis points to 9.595%.

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