{"id":22140,"date":"2026-01-08T08:19:25","date_gmt":"2026-01-08T06:19:25","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/rand-dips-while-investors-await-manufacturing-data\/"},"modified":"2026-02-27T16:33:13","modified_gmt":"2026-02-27T14:33:13","slug":"rand-dips-while-investors-await-manufacturing-data","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-dips-while-investors-await-manufacturing-data\/","title":{"rendered":"Rand dips while investors await manufacturing data"},"content":{"rendered":"<div class=\"x_elementToProof\">The South African (SA) Rand slipped in early trade on Thursday, tracking most emerging market assets ahead of the release of a local Purchasing Managers&#8217; Index (PMI) and November production figures for the manufacturing sector.<\/div>\n<div><\/div>\n<div>Rand traded at 16.4875 against the Dollar, down about 0.3% after a 0.5% decline on Wednesday as markets weighed up intensifying geopolitical tensions and United States data for clues on future monetary policy.<\/div>\n<div><\/div>\n<div>&#8220;Many in the market have turned their focus to valuations, which they felt were unsustainable,&#8221; ETM Analytics said in a note.<\/div>\n<div><\/div>\n<div>SA&#8217;s bank Absa PMI survey is set to be released and will shed light on manufacturing conditions in Africa&#8217;s most industrialised economy.<\/div>\n<div><\/div>\n<div>SA&#8217;s statistics agency will publish manufacturing output, with analysts polled by\u00a0<i>Reuters<\/i>\u00a0expecting a 0.2% rise.<\/div>\n<div><\/div>\n<div>Central bank data earlier showed that the country&#8217;s net foreign reserves rose to $71.14 billion at the end of December from $70.02 billion in November.<\/div>\n<div><\/div>\n<div>While the Rand has lost some ground, sentiment towards SA continues to be positive, which should ensure that it remains on the firmer side, said TreasuryONE currency Strategist Andre Cilliers.<\/div>\n<div><\/div>\n<div>SA&#8217;s benchmark 2035 government bond was weaker in early deals, with the yield rising by 2.5 basis points to 8.315%.<\/div>\n<div><\/div>\n<div>&#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-22140","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"Rand slipped in early trade on Thursday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/22140","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\/22140\/revisions"}],"predecessor-version":[{"id":25542,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/22140\/revisions\/25542"}],"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=22140"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=22140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}