{"id":48186,"date":"2026-10-16T10:21:52","date_gmt":"2026-10-16T08:21:52","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=48186"},"modified":"2026-10-16T10:21:52","modified_gmt":"2026-10-16T08:21:52","slug":"rand-edges-up-as-focus-turns-to-next-weeks-medium-term-budget","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-edges-up-as-focus-turns-to-next-weeks-medium-term-budget\/","title":{"rendered":"Rand edges up as focus turns to next week&#8217;s medium-term budget"},"content":{"rendered":"<div>The South African (SA) Rand edged up in early trade on \u200bFriday as the Dollar weakened, with \u200cinvestors focusing on next week&#8217;s medium-term budget for clues on the country&#8217;s fiscal \u200boutlook and credit-rating prospects.<\/div>\n<div><\/div>\n<div class=\"x_elementToProof\">The Rand traded at 16.4450 against \u2060the Dollar, about 0.3% firmer \u200bthan its previous close.<\/div>\n<div><\/div>\n<div>The Dollar index , which \u200bmeasures the greenback against six major peers, was last down about 0.2%, putting the D<span class=\"x_spanWithBackgroundColor\">ollar<\/span>\u00a0\u200bon track for its first \u200bweekly decline in five weeks.<\/div>\n<div><\/div>\n<div>Investors will be watching \u200cFinance \u2060Minister Enoch Godongwana&#8217;s medium-term budget policy statement next week for indications of SA&#8217;s fiscal trajectory, amid expectations of \u200ban improving \u200bbudget \u2060balance and a more favourable ratings outlook.<\/div>\n<div><\/div>\n<div>On the Johannesburg Stock \u200bExchange, the Top-40 index was \u200bup \u2060about 0.2% in early trade.<\/div>\n<div><\/div>\n<div>SA&#8217;s benchmark 2035 government bond was slightly \u2060firmer \u200bin early deals, as \u200bthe yield fell 1.5 basis points to 8.69%.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":34578,"template":"","meta":{"_acf_changed":false,"_members_access_role":[],"_members_access_error":"","_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-48186","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"Rand edged up in early trade on \u200bFriday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/48186","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\/48186\/revisions"}],"predecessor-version":[{"id":48187,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/48186\/revisions\/48187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/34578"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=48186"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=48186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}