The South African rand was steady in early trade on Monday, at the start of a week in which fiscal policy will be in focus, with the finance minister due to present this year's budget.
The dollar was also little changed against a basket of global currencies .
As well as presenting updated revenue, expenditure and economic growth forecasts, he is expected to outline a plan for the government to take on part the debt of struggling state power utility Eskom.last week predicted that the consolidated budget deficit would narrow to 4.5% of gross domestic product for the fiscal year beginning in April and to 4.4% of GDP for the following year, from 4.8% of GDP in 2022/23.
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