Resurgent rand slips back against the dollar
The rand slipped 0.29 percent to 10.5400 to the dollar by 0605 GMT, down from its New York close of 10.5100 after a run that saw the currency breach the 10.5 support level for the first time since the last week of May.
Domestic consumer inflation registered 6.6 percent year-on-year in June, the same as May, defying market expectations it would quicken to 6.7 percent.
"In fact, the rand was the biggest advancer among 24 developing nation peers over last five day."
Hopes of a resolution to a three-week work-stoppage in the metals and engineering sector by over 200,000 workers have also stemmed rand aversion.
Yields on government bonds were unmoved, with the short paper due in 2015 remaining at 6.64 percent and the longer-dated 2026 on 8.115 percent.