The rand was firmer at the beginning Tuesday, as Finance Minister Nhlanhla Nene was scheduled to journey to Indonesia to represent?South?Africa?at a celebration from the International Monetary Fund (IMF) and World Bank.
The rand was 0.18% stronger at 14.84 per dollar at 07:10 GMT, having closed in Ny at 14.86.
South?Africa‘s finance minister is visiting Indonesia for the International Monetary Fund (IMF) meeting, the Treasury said on Tuesday, a press release that will soothe markets daily after a media report that he previously asked obama to sack him.
In fixed income, the yield for the benchmark government bond due in 2026 fell 1.5 basis points to 9.28%.?
