Rand slightly weaker after slight acceleration in inflation

US President Donald Trump’s political difficulties are also expected to weigh on markets, analysts said, possibly hobbling his administration’s policy agenda.

Trump’s former attorney Michael Cohen on Tuesday pleaded guilty to illegal finance charges related to money paid to adult actress Stormy Daniels, while in a separate trial his former campaign chairman Paul Manafort was found guilty on various charges of tax evasion and bank fraud.

At 10.05am, the rand was at R14.4464 to the dollar, from R14.3921. It was at R16.6975 to the euro from R16.642, and at R18.5992 to the pound from R18.5757.

The euro was at $1.557 from $1.571.

The benchmark R186 government bond was at 8.97% from 8.99%, while the R207 was at 7.625% from 7.64%.