The dollar had tumbled after the Institute for Supply Management (ISM) survey showed on Monday that U.S. manufacturing activity fell to the lowest in nearly three years in March. With no local economic data due on Tuesday, the rand is again set to take its cues from global drivers. The government's benchmark 2030 bond was weaker in early deals, with the yield up 2 basis points to 9.885%. (Reporting by Bhargav Acharya, Editing by Louise Heavens)
JOHANNESBURG, April 4 (Reuters) - South Africa's rand
firmed in early trade on Tuesday, while the dollar pared some of
its losses incurred when data showed U.S. manufacturing activity
fell last month.
At 0643 GMT, the rand traded at 17.7925 against the
dollar, 0.1% stronger than its previous close.
The dollar index , which measures the safe-haven
currency against six major rivals, was last up 0.05% at 102.08.
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