South African rand shrugs off mixed economic data
Updates prices to reflect afternoon trade
JOHANNESBURG, Nov 29 (Reuters) -South Africa's rand firmed onFriday, despite a slew of month-end local economic data releases which painted a mixed picture.
The rand traded at 18.0325 againstthe dollar ZAR=D3 by 1506 GMT, about 0.4% stronger than its previous close.
South Africa's budget deficit widened to 46.08 billion rand in October, National Treasury data showed, it while trade surplus increased slightly to 14.63 billion rand in the same month, according to revenue service figures.
South Africa's M3 money supply ZAM3=ECI growth last month was at 7.79%, up from 7.25% in September. Credit growth ZACRED=ECI for October came in at 4.26%, from 4.63% in the previous month, central bank data showed on Friday.
On the stock market, the Top-40 .JTOPI index closed 0.33% lower.
South Africa's benchmark 2030 government bond ZAR2030= was stronger, with the yield down 5.5 basis points to 8.915%.
Reporting by Tannur Anders and Bhargav Acharya; Editing by Sherry Jacob-Phillips
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