June 25, 2018 / 7:20 AM / Updated 44 minutes ago

South Africa's rand steadies against dollar, bonds firmer

Reuters Staff

1 Min Read

JOHANNESBURG (Reuters) - South Africa’s rand steadied in early trade on Monday, holding on to gains from the previous session as technical consolidation and a break in negative news help the unit to stabilise.

South African bank notes featuring images of former South African President Nelson Mandela (R) are displayed next to the American dollar notes in this photo illustration in Johannesburg August 13 2014. REUTERS/Siphiwe Sibeko

Reporting by Olivia Kumwenda-Mtambo

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