{"id":24149,"date":"2026-02-24T07:13:56","date_gmt":"2026-02-24T05:13:56","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/rand-steady-ahead-of-central-bank-data\/"},"modified":"2026-02-27T16:34:52","modified_gmt":"2026-02-27T14:34:52","slug":"rand-steady-ahead-of-central-bank-data","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-steady-ahead-of-central-bank-data\/","title":{"rendered":"Rand steady ahead of Central bank data"},"content":{"rendered":"<div>The South African (SA) Rand was steady in early trade on Tuesday, ahead of the release of local Central bank data expected to offer insight into the country&#8217;s economic outlook.<\/div>\n<div><\/div>\n<div>Rand traded at 16.03 against the Dollar , a whisker away from Monday&#8217;s close.<\/div>\n<div><\/div>\n<div>The SA Reserve Bank will publish its composite leading business cycle indicator for December, which collects data including vehicle sales, business confidence and money supply in Africa&#8217;s most industrialised nation.<\/div>\n<div><\/div>\n<div>Investors&#8217; focus will pivot to Finance Minister Enoch Godongwana&#8217;s budget speech on Wednesday for insights into the ruling coalition&#8217;s fiscal priorities, strategies to address national debt, and planned economic reforms.<\/div>\n<div><\/div>\n<div>Analysts have described the macroeconomic backdrop as relatively favourable and expect this year&#8217;s budget statement to show further progress in fiscal consolidation, with a faster pace of deficit reduction, a widening primary surplus and stabilising public debt.<\/div>\n<div><\/div>\n<div>Other economic indicators due this week include producer price inflation data on Thursday, and money supply, private sector credit, trade balance and budget balance figures on Friday.<\/div>\n<div><\/div>\n<div>SA&#8217;s benchmark 2035 government bond was flat in early deals, with the yield at 7.895%.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":12528,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-24149","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"SA Rand was steady in early trade on Tuesday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/24149","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\/24149\/revisions"}],"predecessor-version":[{"id":26916,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/24149\/revisions\/26916"}],"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=24149"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=24149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}