The Rand traded at 17.9225 against the Dollar, about 0.3% softer than its previous close. 

Economists polled by Reuters expect the SA Reserve Bank (SARB) to cut its main interest rate by 25 basis points to 7.25% on Thursday. 

SA's inflation stayed below the SARB's target range of 3% to 6% in April while the local currency has recovered from its recent losses to trade below 18 per Dollar. 

Central bank data earlier in the day showed SA's composite leading business cycle indicator rose 1.1% month on month in March. 

On the stock market, the Top-40, index was little changed. 

SA's benchmark 2030 government bond was stronger in early trading, with the yield down 2.5 basis points at 8.865%. 

--SABC--