JOHANNESBURG – South Africa’s rand inched up against the dollar on Monday after encouraging economic data from China assuaged concerns about a global economic slowdown and boosted appetite for riskier assets.
* Rand at 13.9100 versus the greenback by 0657 GMT, a 0.36% rise from Friday’s close.
* Stocks opened higher, with the Johannesburg Stock Exchange’s all-share index up 0.29% to 57,441 points at 0801 GMT.
* Government bonds also strengthened, with the yield on benchmark 2026 instrument falling by 2.5 basis points to 8.035% by 0659 GMT.
South African Rand coins are seen in this photo illustration
© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters
or its third party content providers. Any copying, republication or redistribution of Reuters content, including
by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon.
"Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.
 => stdClass Object
[id] => 1301934
[url] => OZABS-UK-SAFRICA-MARKETS
[image] => 2020-01-13T071104Z_1_LYNXMPEG0C0CX-OZABS_RTROPTP_1_OZABS-UK-SAFRICA-MARKETS.JPG
[image2] => 2020-01-13T071104Z_1_LYNXMPEG0C0CX-OZABS_RTROPTP_3_OZABS-UK-SAFRICA-MARKETS.JPG
[image_caption] => South African Rand coins are seen in this photo illustration
[date] => 2020-01-13
[tdate] => 2020-01-13 07:20:01