JOHANNESBURG (Reuters) -The South African rand was flat on Monday, at the start of a week in which local manufacturing and mining data will be released.
At 1513 GMT, the rand traded at 18.8675 against the dollar, 0.04% weaker than its previous close.
Statistics South Africa will release May manufacturing output on Tuesday and mining figures on Thursday.
Like other emerging market currencies, the risk-sensitive rand also takes cues from big global drivers such as U.S. monetary policy and the dollar.
“The rand will remain beholden to U.S. data releases, exhibiting high sensitivity,” Investec analyst Annabel Bishop said in a research note.
On the stock market, the Top-40 and the broader all-share indices were down more than 0.5%.
South Africa’s benchmark 2030 government bond was weaker, the yield up 3.5 basis points to 10.805%.
(Reporting by Tannur Anders and Anait Miridzhanian;Editing by Alexander Winning and David Evans)
