{"id":21362,"date":"2025-12-19T09:03:04","date_gmt":"2025-12-19T07:03:04","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/rand-slips-but-analysts-see-more-gains-ahead\/"},"modified":"2026-02-27T16:32:27","modified_gmt":"2026-02-27T14:32:27","slug":"rand-slips-but-analysts-see-more-gains-ahead","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-slips-but-analysts-see-more-gains-ahead\/","title":{"rendered":"Rand slips but analysts see more gains ahead"},"content":{"rendered":"<div class=\"x_elementToProof\">The South African (SA) Rand slipped against a stronger Dollar in holiday-thinned trade on Friday, but analysts said it could soon resume its rally.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">The Rand was about 0.2% weaker than Thursday&#8217;s closing level at 16.76 to the Dollar.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">The Dollar was up 0.1% against a basket of global currencies.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">The Rand has had a strong year, rising more than 12% against the\u00a0dollar\u00a0in 2025 thanks to SA&#8217;s improved fiscal performance, success in containing inflation and soaring precious metals prices.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">&#8220;It seems plausible that the rand will remain well supported and could appreciate even further,&#8221; ETM Analytics said in a research note.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">This week&#8217;s economic data releases showed price pressures remain moderate, keeping the central bank on course for more interest rate cuts next year.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">Consumer inflation slowed to 3.5% in November from 3.6% the month before, within the 1% point tolerance band of the Central bank&#8217;s new 3% inflation target.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">Producer inflation was at 2.9% in November, the same rate as in October.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":14374,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-21362","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"Rand slipped against a stronger Dollar","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/21362","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\/21362\/revisions"}],"predecessor-version":[{"id":25062,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/21362\/revisions\/25062"}],"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=21362"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=21362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}