{"id":50492,"date":"2026-11-10T10:03:44","date_gmt":"2026-11-10T08:03:44","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=50492"},"modified":"2026-11-10T10:03:44","modified_gmt":"2026-11-10T08:03:44","slug":"sa-rand-steady-ahead-of-jobs-data","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sa-rand-steady-ahead-of-jobs-data\/","title":{"rendered":"SA Rand steady ahead of jobs data"},"content":{"rendered":"<div>\n<p class=\"x_MsoNormal\">South Africa&#8217;s (SA) Rand held steady ahead of labour market data expected to show \u200ba modest rise in unemployment as \u200ca challenging operating environment weighed on economic activity in the third quarter of 2026.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">The Rand \u200btraded at 16.36 against the Dollar, \u200blittle changed from its previous close of \u206016.3828.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Domestic investors await unemployment data, to gauge the condition of the \u200blabour market of Africa&#8217;s biggest economy.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Elevated oil and fuel prices raised businesses&#8217; input costs during the quarter, squeezing \u200bprofits and dampening confidence in an already \u200bdifficult operating environment, according to Nedbank economists.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8220;Against the backdrop, companies \u200cmay \u2060have adopted a more cautious approach to hiring, delaying expansion and recruitment plans,&#8221; the bank said.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">SA&#8217;s official jobless rate currently stands at \u200b33.6%, one \u200bof the \u2060highest globally.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">The country&#8217;s statistics agency will publish manufacturing output.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Analysts polled by <i>Reuters<\/i>\u00a0expect\u00a0\u200boutput\u00a0\u2060to have fallen 2% year-on-year in September, after a 4.3% drop in August.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">SA&#8217;s benchmark 2035 \u2060government \u200bbond was slightly firmer in \u200bearly deals, as the yield fell 1.5 basis points to \u200b8.25%.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8211;Reuters&#8211;<\/p>\n<\/div>\n","protected":false},"featured_media":13933,"template":"","meta":{"_acf_changed":false,"_members_access_role":[],"_members_access_error":"","_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-50492","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"SA Rand held steady ahead of labour market data","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/50492","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\/50492\/revisions"}],"predecessor-version":[{"id":50496,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/50492\/revisions\/50496"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13933"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=50492"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=50492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}