{"id":16002,"date":"2012-10-30T20:15:10","date_gmt":"2012-10-30T18:15:10","guid":{"rendered":"http:\/\/www.myza.co.za\/10\/s-africas-rand-inches-up-in-subdued-trading\/"},"modified":"2012-10-30T20:15:10","modified_gmt":"2012-10-30T18:15:10","slug":"s-africas-rand-inches-up-in-subdued-trading","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africas-rand-inches-up-in-subdued-trading\/","title":{"rendered":"S.Africa&#8217;s rand inches up in subdued trading"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG<\/span> Oct 30 (Reuters) &#8211; South Africa&#8217;s rand traded<br \/>\nwithin a narrow range on Tuesday as the closure of stock and<br \/>\nbond markets in the United States due to the giant storm there<br \/>\ndampened activity.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>The rand was at 8.6400 to the dollar at 1512 GMT, 0.4<br \/>\npercent firmer than Monday&#8217;s New York close.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We&#8217;ve been fairly rangebound for a few days now,&#8221; said<br \/>\nNilan Morar, head of trading at Global Trader.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We&#8217;re pretty much trading in an environment with a<br \/>\nmarginally weaker dollar, which is what has kept the rand fairly<br \/>\nstable.&#8221;<\/p>\n<p><span><\/span><\/p>\n<p>Local data due this week, including September&#8217;s trade<br \/>\nbalance and unemployment figures, had to a large extent been<br \/>\nabsorbed by the market, Morar added.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Unemployment, as we know, has been annoyingly high and is<br \/>\nexpected to remain that way for a while,&#8221; he said. &#8220;I don&#8217;t see<br \/>\nanything surprising there.&#8221;<\/p>\n<p><span><\/span><\/p>\n<p>Government bonds were stable, with yields on the 3- and<br \/>\n14-year instruments at 5.49 percent and 7.75 percent<br \/>\nrespectively.<\/p>\n<p><span><\/span><\/p>\n<p>The Treasury sold a total of 2.1 billion rand ($242 million)<br \/>\nof its 2031, 2041 and 2048<br \/>\ngovernment bonds on Tuesday, though yields barely moved. <\/p>\n<p> (Reporting by Tosin Sulaiman; editing by Stephen Nisbet)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JOHANNESBURG Oct 30 (Reuters) &#8211; South Africa&#8217;s rand traded within a narrow range on Tuesday as the closure of stock and bond markets in the United States due to the giant storm there dampened activity. The rand was at 8.6400 to the dollar at 1512 GMT, 0.4 percent firmer than Monday&#8217;s New York close. &#8220;We&#8217;ve [&hellip;]<\/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-16002","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\/16002","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=16002"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/16002\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=16002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=16002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=16002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}