{"id":13484,"date":"2025-10-22T12:24:46","date_gmt":"2025-10-22T10:24:46","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/rand-flat-before-local-inflation-print\/"},"modified":"2026-02-27T16:26:25","modified_gmt":"2026-02-27T14:26:25","slug":"rand-flat-before-local-inflation-print","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-flat-before-local-inflation-print\/","title":{"rendered":"Rand flat before local inflation print"},"content":{"rendered":"<div>The South African (SA) Rand was flat in early trade on Wednesday, as investors awaited local inflation data for clues about price pressures in Africa&#8217;s biggest economy.<\/div>\n<div><\/div>\n<div>Rand traded at 17.38 against the Dollar , a whisker away from its previous close of 17.3725.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">The benchmark 2035 government bond was also little changed in early deals, with the yield still at 8.91%.<\/div>\n<div><\/div>\n<div class=\"x_elementToProof\">The September inflation print is due out, with economists polled by\u00a0<em>Reuters\u00a0<\/em>predicting a slight acceleration in the year-on-year rate to 3.5% from 3.3% in August.<\/div>\n<div><\/div>\n<div>Nedbank economists said the expected pickup was a reflection of &#8220;a slower drop in fuel costs and elevated food prices.&#8221;<\/div>\n<div><\/div>\n<div class=\"x_elementToProof\">SA&#8217;s central bank has been effectively targeting 3% inflation since July, despite the finance minister not yet formally changing its 3%-6% target range.<\/div>\n<div><\/div>\n<div>The SA Reserve Bank&#8217;s clear preference for a lower target has boosted the rand and brought down government borrowing costs this year.<\/div>\n","protected":false},"featured_media":12528,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-13484","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"SA Rand was flat in early trade on Wednesday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/13484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/13484\/revisions"}],"predecessor-version":[{"id":18586,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/13484\/revisions\/18586"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/12528"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=13484"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=13484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}