This is as traders considered the impact of the sweeping tax-cut and spending bill, United States (US) President Donald Trump is about to sign into law and as pressure mounted on countries to secure trade deals before the US' July 9 deadline.

At 09h00 CAT the Rand traded at 17.5250 against the Dollar, just 0.1% firmer than Thursday's closing level.

The US Republican-controlled House of Representatives narrowly passed Trump's "One, Big, Beautiful Bill" of spending and tax cuts.

"The upside to this bill is that it will likely boost US demand in the short-to-medium term. The downside is that forecasts are pessimistic on whether it will successfully generate enough gross domestic product growth to outpace the increased spending," ETM Analytics said in a research note.

Like other risk-sensitive currencies, the rand often takes cues from global drivers like US policy and economic data in addition to local factors.

Domestically focused traders will also eye June foreign reserves data on Monday and May manufacturing production figures on Thursday for insight into the health of Africa's most industrialised economy.

--Reuters--