{"id":49021,"date":"2026-10-26T09:45:31","date_gmt":"2026-10-26T07:45:31","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=49021"},"modified":"2026-10-26T09:45:31","modified_gmt":"2026-10-26T07:45:31","slug":"rand-steady-with-local-economic-data-federal-decision-in-focus","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-steady-with-local-economic-data-federal-decision-in-focus\/","title":{"rendered":"Rand steady with local economic data, Federal decision in focus"},"content":{"rendered":"<div dir=\"auto\">The South African (SA) Rand was steady in early trade on \u200bMonday as investors awaited a series \u200cof domestic economic data releases and the Federal Reserve&#8217;s policy decision later this \u200bweek.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The Rand traded \u200bat 16.6125 against the Dollar, little \u2060changed from its previous close.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Investors \u200bwill track a series of month-end domestic \u200beconomic data releases, including money supply, private sector credit, trade balance and budget balance, as \u200bwell as September producer inflation.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Markets also await the Fed&#8217;s policy meeting on \u200cOctober \u206028.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Traders largely expect the central bank to leave rates unchanged this week, while expectations for a hike in \u200bDecember are \u200bat \u206075%, according to FedWatch Tool.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Like other risk-sensitive currencies, the \u200brand often takes its cues \u200bfrom \u2060global factors, particularly United States monetary policy, alongside domestic economic data.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">SA&#8217;s benchmark \u20602035 \u200bgovernment bond was steady \u200bin early deals, with the yield at 8.635%.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">&#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-49021","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 \u200bMonday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/49021","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":2,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/49021\/revisions"}],"predecessor-version":[{"id":49025,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/49021\/revisions\/49025"}],"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=49021"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=49021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}