THE rand held its ground above the 11.0000 mark against the dollar after the release of positive Chinese trade data which boosted risk appetite.
"(This) should go some way to ensuring the markets are a little more relaxed about both global, as well as internal Chinese, demand."
Government bonds were also firmer today, and yields inversely dipped from their previous closing levels.
The 2026 paper which the secondary market uses as a benchmark was down 2.5 basis points at 8.73 percent while the 2015 bond at the shorter end of the curve bond eased 2 basis points to 7.09 percent. - Reuters
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