The rand fell in South Africa early Monday ahead of a PMI survey of the local manufacturing sector.
The rand was trading at 18.15 against the dollar, down 0.64% from its previous close.
The November PMI is due out today and will shed light on manufacturing conditions in Africa’s most industrialized economy.
Domestic investors will also shift their focus towards last month’s vehicle sales data later today.
South Africa’s benchmark 2030 government bonds fell in early trading, with the yield rising 4.5 basis points to 8.96%.
