{"id":14689,"date":"2025-11-06T12:05:18","date_gmt":"2025-11-06T10:05:18","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/rand-gains-more-ground-as-global-sentiments-recovers\/"},"modified":"2026-02-27T16:27:10","modified_gmt":"2026-02-27T14:27:10","slug":"rand-gains-more-ground-as-global-sentiments-recovers","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-gains-more-ground-as-global-sentiments-recovers\/","title":{"rendered":"Rand gains more ground as global sentiments recovers"},"content":{"rendered":"<p>The<span style=\"font-family: var(--global--font-secondary); font-size: var(--global--font-size-base);\"> South African (SA) Rand strengthened on Thursday, recovering more of the ground it lost earlier in the week as global risk appetite recovered.<\/span><\/p>\n<p>The currency plunged on Tuesday, falling more than 1% against the Dollar during a steep global sell-off triggered by growing concerns about stretched stock market valuations.<\/p>\n<p>The Rand traded at 17.36 against the Dollar, up about 0.2% on Wednesday&#8217;s close.<\/p>\n<p>All signs indicate that the Rand could regain even more ground,&#8221; ETM Analytics said in a research note, citing buoyant gold and platinum prices among reasons why the rand could extend its advance.<\/p>\n<p><span style=\"font-family: var(--global--font-secondary); font-size: var(--global--font-size-base);\">Gold rose above the key $4 000 per ounce level on Thursday, as a retreat in the Dollar and a prolonged United States government shutdown raised worries over the economic outlook.<\/span><\/p>\n<p>The Johannesburg Stock Exchange&#8217;s Top-40 index was last up 0.3%.<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":14374,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-14689","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"Rand strengthened on Thursday, recovering more of the ground","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14689","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\/14689\/revisions"}],"predecessor-version":[{"id":19242,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14689\/revisions\/19242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/14374"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=14689"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=14689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}