At 08h22 CAT, the Rand traded at 17.7675 against the Dollar, up about 0.2% on Tuesday's close. The Dollar last traded flat against a basket of currencies.

With a fairly muted domestic economic calendar, investor focus will mainly be on the ceasefire.

On Thursday, all eyes will be on the producer price index and the SA Reserve Bank's quarterly bulletin, which will shed light on foreign direct investment flows in Africa's most industrialised economy.

SA's benchmark 2035 government bond was little changed in early deals, as the yield rose 0.5 basis points to 9.955%.

--Reuters--