{"id":36310,"date":"2026-06-05T12:14:27","date_gmt":"2026-06-05T10:14:27","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=36310"},"modified":"2026-06-05T12:14:27","modified_gmt":"2026-06-05T10:14:27","slug":"rand-flat-after-reserves-data-global-web-icon-gdp-in-focus-next-week","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-flat-after-reserves-data-global-web-icon-gdp-in-focus-next-week\/","title":{"rendered":"Rand flat after reserves data, Global web icon GDP\u00a0in focus next week"},"content":{"rendered":"<div>\n<p class=\"x_MsoNormal\">South Africa&#8217;s (SA) Rand was flat in early trade on Friday after the Central bank \u200breported a fall in the country&#8217;s foreign reserves \u200clast month, while traders awaited economic growth numbers for the first quarter of 2026.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">The Rand traded \u200bat 16.2950 against the Dollar, little changed \u200bfrom its previous close.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">SA&#8217;s international liquidity fell to $73.47 \u2060billion at the end of May from $73.76 billion \u200bin April, central bank data showed on Friday.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Next week, \u200bdomestically focused investors will look to the statistics agency&#8217;s release of gross domestic product figures on Tuesday for clues on \u200bthe health of Africa&#8217;s largest economy.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Other releases include \u200bcurrent account, mining and manufacturing data on Thursday.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">The US Dollar \u200clast \u2060traded flat against a basket of currencies, while oil prices rose on Friday after Hezbollah rejected a new Lebanon ceasefire proposal and Oman&#8217;s Mina al Fahal terminal \u200bsuspended oil \u200bloadings following \u2060an explosion.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">As a net fuel importer, SA is heavily exposed to the \u200bspike in global energy prices.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">On the Johannesburg \u200bStock \u2060Exchange, the Top-40 index was little moved in early deals as traders assessed earnings from companies including retailers Mr \u2060Price \u200band TFG.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">SA&#8217;s benchmark 2035 government \u200bbond was slightly weaker, with the yield up 1 basis point \u200bto 8.56%.<\/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,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-36310","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"SA Rand was flat in early trade on Friday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36310","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\/36310\/revisions"}],"predecessor-version":[{"id":36311,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36310\/revisions\/36311"}],"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=36310"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=36310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}