{"id":6785,"date":"2012-01-06T20:23:04","date_gmt":"2012-01-06T18:23:04","guid":{"rendered":"http:\/\/www.myza.co.za\/01\/s-africas-rand-ends-first-week-of-2012-steady\/"},"modified":"2012-01-06T20:23:04","modified_gmt":"2012-01-06T18:23:04","slug":"s-africas-rand-ends-first-week-of-2012-steady","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africas-rand-ends-first-week-of-2012-steady\/","title":{"rendered":"S.Africa&#8217;s rand ends first week of 2012 steady"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Rand range-trading, ignoring euro for now<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Currency unmoved by Lagarde comments<\/p>\n<p><span><\/span><\/p>\n<p>* International bond auctions will be closely watched<\/p>\n<p><span><\/span><\/p>\n<p>By Vuyani Ndaba<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, Jan 6 (Reuters) &#8211; South Africa&#8217;s rand<br \/>\nheld steady against the dollar on Friday and was largely<br \/>\nrange-bound at the end of a week characterized by low liquidity<br \/>\nas South African traders slowly returned to work.<\/p>\n<p><span><\/span><\/p>\n<p>Reassurances about the euro&#8217;s future from International<br \/>\nMonetary Fund chief Christine Lagarde during a visit to South<br \/>\nAfrica did little to the rand, which was at 8.1395 at 1605 GMT,<br \/>\na shade firmer than Thursday&#8217;s close at 8.19.<\/p>\n<p><span><\/span><\/p>\n<p>Lagarde did say that Africa&#8217;s biggest economy should have<br \/>\nprepared itself for spill-over from any worsening of the euro<br \/>\nzone sovereign debt crisis.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We started the week quite a lot lower, and there is still a<br \/>\nbit of a bullish tone to it, so for the time being there seems<br \/>\nto be some dislocation between the euro and the rand,&#8221; said Rand<br \/>\nMerchant Bank trader Lee Naisbitt.<\/p>\n<p><span><\/span><\/p>\n<p>Next week traders will be closely watching the sovereign<br \/>\ndebt auctions in Europe to gauge wider investor sentiment. Of<br \/>\nlate, auctions have attracted low subscription rates.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Rand range-trading, ignoring euro for now * Currency unmoved by Lagarde comments * International bond auctions will be closely watched By Vuyani Ndaba JOHANNESBURG, Jan 6 (Reuters) &#8211; South Africa&#8217;s rand held steady against the dollar on Friday and was largely range-bound at the end of a week characterized by low liquidity as South [&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-6785","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\/6785","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=6785"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6785\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=6785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=6785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=6785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}