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South Africa , Thursday 23 July 2026

South African rand slips on risk aversion before manufacturing PMI, car sales data

Published on: Tuesday 30 June 2026

South African rand slips on risk aversion before manufacturing PMI, car sales data JOHANNESBURG, July 1 (Reuters) - The South African rand slipped in early trade on Wednesday, pressured by global risk aversion tied to fading prospects of a permanent U.S.-Iran peace deal, while traders awaited a local manufacturing purchasing managers' index and vehicle sales data for June. • At 0709 GMT the rand traded at 16.44 against the dollar, about 0.4% weaker than its previous close. •



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