{"id":45235,"date":"2026-09-11T13:12:21","date_gmt":"2026-09-11T11:12:21","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=45235"},"modified":"2026-09-11T13:12:28","modified_gmt":"2026-09-11T11:12:28","slug":"rand-edges-up-before-us-inflation-data","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-edges-up-before-us-inflation-data\/","title":{"rendered":"Rand edges up before US inflation data"},"content":{"rendered":"<div class=\"x_elementToProof\">The South African (SA) Rand edged up in early trade on Friday, ahead of \u200bthe release of a key United States (US) inflation \u200creport later in the day.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">The Rand traded at 16.16 against the Dollar, 0.3% stronger than \u200bits previous close.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">Global investor focus is on \u200bUS inflation data due at 1230 GMT, \u2060as it could shape the case for a \u200bFederal Reserve rate hike next week.<\/div>\n<div class=\"x_elementToProof\">On Wednesday, data \u200bshowed US producer prices increased 0.4% in August, meeting market expectations as energy prices rebounded during the month.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">The US Dollar \u200blast traded flat against a basket of \u200bcurrencies.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">Oil prices fell on Friday, but both major benchmarks are on \u200ctrack \u2060to end the week above $100 a barrel for the first time since mid-May, as increasing attacks along key shipping routes in the Middle East \u200bfuel fears \u200bof a \u2060prolonged disruption to supplies.<\/div>\n<div><\/div>\n<div class=\"x_elementToProof\">In common with other risk-sensitive currencies, the rand often \u200btakes cues from global drivers such \u200bas \u2060US economic indicators and monetary policy.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">On the Johannesburg Stock Exchange, the Top-40 index was up 0.3%.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">S\u2060A&#8217;s \u200bbenchmark 2035 government bond weakened \u200bin early deals, as the yield rose 5.5 basis points to \u200b8.76%.<\/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,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-45235","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\/45235","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\/45235\/revisions"}],"predecessor-version":[{"id":45236,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/45235\/revisions\/45236"}],"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=45235"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=45235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}