{"id":39254,"date":"2026-07-10T10:09:51","date_gmt":"2026-07-10T08:09:51","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=39254"},"modified":"2026-07-10T10:09:51","modified_gmt":"2026-07-10T08:09:51","slug":"rand-edges-up-as-softer-dollar-offsets-middle-east-jitters","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-edges-up-as-softer-dollar-offsets-middle-east-jitters\/","title":{"rendered":"Rand edges up as softer Dollar offsets Middle East jitters"},"content":{"rendered":"<div class=\"x_elementToProof\">The South African (SA) Rand edged up in early trade on Friday on \u200ba broadly softer Dollar, taking its cue \u200cfrom global risk appetite as lingering Middle East tensions kept investors on edge.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">The Rand traded \u200bat 16.2875 against the Dollar, about \u200b0.3% up from its previous close.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">The Dollar \u2060index , which measures the greenback against a \u200bbasket of currencies, was last down about 0.1%.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">Asian emerging-market \u200bpeers also rose across the board, benefiting from softer pricing of United States (US) Federal Reserve rate hikes that weighed \u200bon the Dollar.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">&#8220;Heading into the weekend, and \u200bwith little in the way of data to look \u200cforward \u2060to, most of the direction will come from developments in the Middle East, the performance of global equity markets and broader risk appetite,&#8221; \u200bETM Analytics \u200bsaid in \u2060a note.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">Like other risk-sensitive emerging market currencies, the rand has been \u200bat the mercy of global market \u200bsentiment, \u2060particularly since the start of the US and Israeli war with Iran on February 28.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">SA&#8217;s benchmark \u20602035 \u200bgovernment bond was firm in \u200bearly deals, as the yield fell 5 basis points to \u200b8.325%.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":14374,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-39254","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"SA Rand edged up in early trade on Friday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/39254","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\/39254\/revisions"}],"predecessor-version":[{"id":39255,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/39254\/revisions\/39255"}],"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=39254"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=39254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}