South African rand remains stable as markets await central bank data and national budget speech
The rand held steady on Tuesday as markets awaited central bank data. Investors are focused on Wednesday's budget speech for updates on fiscal consolidation.
The South African rand traded steady on Tuesday as the South African Reserve Bank (SARB) composite leading business cycle indicator is scheduled for release. This data for December is expected to provide critical near-term insight into the economic outlook of South Africa 
ZA and may influence both the currency and the bond market.
ZA and may influence both the currency and the bond market.
