The South African rand was broadly unchanged in early trade on Wednesday, before the release of local inflation data that could influence an interest rate announcement on Thursday.
will be released at 0800 GMT, with analysts polled by Reuters predicting a decline to 5.6% in year-on-year terms, down from 6.3% in May.
Wednesday's reading could see inflation fall back within the central bank's target range of 3% to 6% for the first time in 14 months, bolstering the case for the central bank to keep its main interest rateIn a poll published last week the majority of economiststhe South African Reserve Bank would keep rates on hold, but a significant minority thought the bank would opt for another 25-basis-point hike.
South Africa's benchmark 2030 government bond was slightly firmer in early deals, the yield falling 1.5 basis points to 10.310%.
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