Briefs
Rand still on firmer ground after budget
South Africa's rand hovered near the previous day's five-week highs against the dollar on Friday, still anchored by a well-received medium term budget statement mid-week, in the absence of more immediate drivers.
The rand traded at 10.9300 to the dollar at 1545 GMT, up 0.4 percent from Thursday's close. It was within a whisker of Thursday's high of 10.9235, the currency's strongest level since Sept 17.
The rand was however caught in a narrow range for much of Friday's session, reflecting a dearth of market moving news and data on the day.
"There's a lack of drivers, no real news."
The debt market was also sluggish, with the yield for the 2026 secondary market benchmark dipping just half a basis point to 7.91 percent.