{"id":30525,"date":"2026-04-01T10:33:01","date_gmt":"2026-04-01T08:33:01","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=30525"},"modified":"2026-04-01T10:33:01","modified_gmt":"2026-04-01T08:33:01","slug":"rand-edges-up-on-hopes-for-de-escalation-of-iran-conflict","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-edges-up-on-hopes-for-de-escalation-of-iran-conflict\/","title":{"rendered":"Rand edges up on hopes for de-escalation of Iran conflict"},"content":{"rendered":"<div>The South African (SA) Rand was slightly stronger in early trade \u200bon Wednesday, as global markets \u200crallied on hopes of a de-escalation in the Iran conflict.<\/div>\n<div><\/div>\n<div>The \u200bRand traded at 16.85 against the \u200bDollar, up about 0.2% on its \u2060previous close.<\/div>\n<div><\/div>\n<div>Global investor appetite was buoyed \u200bby comments from President Donald Trump \u200bthat the United States (US) could end its military campaign against Iran within two to three weeks.<\/div>\n<div><\/div>\n<div>The \u200brand has been at the \u200bmercy of global market sentiment since the US \u200cand \u2060Israel started the war in late February and Iran retaliated.<\/div>\n<div><\/div>\n<div>The Rand had a strong 2025 and had started \u200b2026 on \u200bthe \u2060front foot before the war, making it vulnerable to \u200ba correction, analysts say.<\/div>\n<div><\/div>\n<div>Local data \u200breleases \u2060on Wednesday include a March purchasing managers&#8217; index for the manufacturing sector, March \u2060vehicle \u200bsales and preliminary \u200brevenue collection figures for the 2025, 2026 fiscal year.<\/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-30525","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"SA Rand was slightly stronger in early trade \u200bon Wednesday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/30525","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\/30525\/revisions"}],"predecessor-version":[{"id":30526,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/30525\/revisions\/30526"}],"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=30525"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=30525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}