{"id":34933,"date":"2026-05-20T11:04:16","date_gmt":"2026-05-20T09:04:16","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=34933"},"modified":"2026-05-20T11:04:16","modified_gmt":"2026-05-20T09:04:16","slug":"rand-steady-before-local-inflation-reading","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-steady-before-local-inflation-reading\/","title":{"rendered":"Rand steady before local inflation reading"},"content":{"rendered":"<p class=\"x_p1\">The South African (SA) Rand was steady in early trade on Wednesday, ahead of the release of inflation data which is expected to reflect pressures from the war \u200cin the Middle East.<\/p>\n<p class=\"x_p1\">The Rand traded at 16.68 against the Dollar, a whisker away from its previous close.<\/p>\n<p class=\"x_p1\">Statistics SA will publish April inflation data, with analysis polled by Reuters expecting it to accelerate to\u00a0\u20603.9% year on year, up from 3.1% in March.<\/p>\n<p class=\"x_p1\">Nedbank Economists estimate a higher reading of 4.4%, driven mainly by a sharp increase in transport costs due to rising fuel prices.<\/p>\n<p class=\"x_p1\">As a net fuel importer,SA is heavily exposed to the spike in global energy prices.<\/p>\n<p class=\"x_p1\">&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":14374,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-34933","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"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\/34933","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\/34933\/revisions"}],"predecessor-version":[{"id":34935,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/34933\/revisions\/34935"}],"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=34933"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=34933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}