South African Rand coins are seen in this illustration picture taken October 28, 2020.
REUTERS/Mike Hutchings/Illustration Acquire Licensing RightsJOHANNESBURG, Oct 4 (Reuters) - The South African rand traded slightly higher on Wednesday following several days of weakness as the softening of the U.S. dollar supported risk sentiment.
At 1619 GMT, the rand traded at 19.2800 against the dollar , about 0.3% stronger than its previous close.
South Africa's benchmark 2030 government bond was weaker in afternoon deals, with the yield up 6.5 basis points to 11.085%.
Reporting by Tannur Anders and Anait Miridzhanian; Editing by Alexander Winning and Chris ReeseOur Standards: The Thomson Reuters Trust Principles.
Persons:
Mike Hutchings, Tannur Anders, Anait, Alexander Winning, Chris Reese
Organizations:
REUTERS, Rights, U.S ., P, Africa PMI, Local, Woolworths, Africa's, Thomson
Locations:
Rights JOHANNESBURG, Africa, Stillwater, Johannesburg