{"id":29879,"date":"2026-03-25T12:39:16","date_gmt":"2026-03-25T10:39:16","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=29879"},"modified":"2026-03-25T12:39:16","modified_gmt":"2026-03-25T10:39:16","slug":"rand-steady-as-market-weighs-trumps-talk-of-iran-negotiations","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-steady-as-market-weighs-trumps-talk-of-iran-negotiations\/","title":{"rendered":"Rand steady as market weighs Trump&#8217;s talk of Iran negotiations"},"content":{"rendered":"<div>\n<p class=\"x_MsoNormal\"><span style=\"background-color: var(--global--color-background); color: var(--global--color-primary); font-family: var(--global--font-secondary); font-size: var(--global--font-size-base);\">The South African (SA) Rand was steady in early trade on Wednesday \u200bas traders cautiously assessed President Donald Trump&#8217;s \u200cassertion that the United States was in negotiations to end to the war with Iran.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\"><span style=\"background-color: var(--global--color-background); color: var(--global--color-primary); font-family: var(--global--font-secondary); font-size: var(--global--font-size-base);\">The Rand traded at \u200b16.92 against the Dollar, roughly 0.5% \u2060up from its previous close, but \u200bbroadly range-bound.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\"><span style=\"background-color: var(--global--color-background); color: var(--global--color-primary); font-family: var(--global--font-secondary); font-size: var(--global--font-size-base);\">The greenback last traded flat against \u200ba basket of currencies.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8220;The Dollar, Rand remains in a holding pattern for now,&#8221; ETM Analytics said. Investors \u200bacross most markets were waiting for \u200ba fresh catalyst to &#8220;galvanise a theme or direction \u200con \u2060which to trade,&#8221; it added.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">On Thursday, investor attention will mainly be pinned on the SA Reserve Bank&#8217;s interest rate \u200bdecision, when \u200beconomists \u2060polled by Reuters expect the bank to keep the rate \u200bsteady at 6.75%.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">On the Johannesburg Stock \u200bExchange, \u2060the Top-40 index was up 1.1% in early trade.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">SA&#8217;s benchmark 2035 government \u2060bond \u200balso strengthened in early \u200bdeals, as the yield fell 6 basis points to \u200b8.975%.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8211;Reuters&#8211;<\/p>\n<\/div>\n","protected":false},"featured_media":13745,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-29879","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"SA Rand was steady in early trade on Wednesday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/29879","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\/29879\/revisions"}],"predecessor-version":[{"id":29880,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/29879\/revisions\/29880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13745"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=29879"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=29879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}