South Africa's rand started the week on a strong note on Monday and should hold largely around current levels as the market looked ahead to Wednesday's national budget announcement and the latest inflation data.
At 0705 GMT the rand was trading at 7.12115 per greenback compared to late Friday levels of around 7.20 and 0.5 percent firmer than New York's close of 7.1550.
Read more at Reuters South Africa
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