{"id":14644,"date":"2012-09-15T04:28:43","date_gmt":"2012-09-15T02:28:43","guid":{"rendered":"http:\/\/www.myza.co.za\/09\/south-africas-rand-firms-vs-dlr-tracking-euro\/"},"modified":"2012-09-15T04:28:43","modified_gmt":"2012-09-15T02:28:43","slug":"south-africas-rand-firms-vs-dlr-tracking-euro","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/south-africas-rand-firms-vs-dlr-tracking-euro\/","title":{"rendered":"South Africa’s rand firms vs dlr, tracking euro"},"content":{"rendered":"

\t\t<\/span><\/p>\n

* Rand holds steady between 23 – 27<\/span><\/p>\n

<\/span><\/p>\n

* Bonds retreat, yields rise<\/p>\n

<\/span><\/p>\n

JOHANNESBURG, Sept 14<\/span> (Reuters) – South Africa’s rand was
\nsightly firmer against the dollar on Friday, after tumbling for
\nmost of the week due to deadly labour strife in the mining
\nsector that has raised concerns about the stability of the
\ncrucial industry.<\/p>\n

<\/span><\/p>\n

The euro extended gains against the dollar and yen after
\ndata showing this month’s U.S. consumer confidence index rose to
\nits highest since May. [ID:ID:nL1E8KD9WB]<\/p>\n

<\/span><\/p>\n

The rand was up 0.41 percent to 8.21 against the
\ndollar at 1543 GMT, after closing on Thursday in New York at
\n8.2440.<\/p>\n

<\/span><\/p>\n

“It’s been a fairly quiet today given the mess of the last
\ntwo days,” said Warrick Butler, a currency trader at Standard
\nBank.<\/p>\n

<\/span><\/p>\n

The currency was boosted by another round of quantitative
\neasing announced by the U.S. Federal Reserve but could again
\ncome under pressure if there is a spread of the labour strife,
\nwhich has already caused some of the world’s biggest platinum
\nfirms to suspend South African operations.<\/p>\n

<\/span><\/p>\n

The Fed said it would buy $40 billion of mortgage assets
\nevery month until the U.S. jobs picture improved.<\/p>\n

<\/span><\/p>\n

The rand stumbled briefly during the session when South
\nAfrican police fired tear gas to disperse striking miners
\noutside an Aquarius Platinum mine near
\nRustenberg, north-west of Johannesburg.
\n\u00a0 Continued…<\/strong><\/span><\/p>\n

<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

* Rand holds steady between 23 – 27 * Bonds retreat, yields rise JOHANNESBURG, Sept 14 (Reuters) – South Africa’s rand was sightly firmer against the dollar on Friday, after tumbling for most of the week due to deadly labour strife in the mining sector that has raised concerns about the stability of the crucial […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-14644","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/14644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=14644"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/14644\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=14644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=14644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=14644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}