JOHANNESBURG, Feb 13 (Reuters) -
South Africa's rand was stable in volatile trade on
Thursday, as financial markets awaited "reciprocal tariffs" that
U.S. President Donald Trump said he planned to unveil later in
the day.
At 1532 GMT, the rand traded at 18.5325 against
the U.S. dollar, at its Wednesday closing level.
Trump on Thursday said he would
unveil reciprocal tariffs
, but gave no details about his latest plan, which could
take aim at every country that charges duties on U.S. imports.
Trump already announced tariffs on all steel and
aluminum imports beginning on March 12 and imposed 10% tariffs
on goods from China since taking office in January.
On the Johannesburg Stock Exchange, the blue-chip Top-40
index closed about 0.1% down.
South Africa's benchmark 2030 government bond
was stronger, with the yield down 4 basis points at 9.165%.