January trade and budget data will
be released at 1200 GMT.
South Africa's economy is expected to register minimal
growth this year as record power cuts constrain businesses of
all sizes.
At its first interest rate meeting of 2023, the central bank
cut this year's growth forecast to 0.3% from a previous estimate
of 1.1%.
(Reporting by Alexander Winning; Editing by Sherry
Jacob-Phillips)
JOHANNESBURG, Feb 28 (Reuters) - The South African rand
was pressured by a stronger U.S. dollar in early trade on
Tuesday ahead of the release of domestic money supply, budget,
trade and unemployment data later in the day.
At 0550 GMT, the rand traded at 18.4600 against the
U.S. dollar, about 0.2% weaker than its closing level on Monday.
The dollar was up around 0.2% against a basket of global
currencies .
South Africa's January money supply figures are
due at 0600 GMT, followed by fourth-quarter unemployment numbers at 0930 GMT.
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