{"id":7374,"date":"2012-01-25T21:10:29","date_gmt":"2012-01-25T19:10:29","guid":{"rendered":"http:\/\/www.myza.co.za\/01\/s-africas-rand-hits-fresh-1-week-low-vs-dollar\/"},"modified":"2012-01-25T21:10:29","modified_gmt":"2012-01-25T19:10:29","slug":"s-africas-rand-hits-fresh-1-week-low-vs-dollar","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africas-rand-hits-fresh-1-week-low-vs-dollar\/","title":{"rendered":"S.Africa&#8217;s rand hits fresh 1-week low vs dollar"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Rand seen above 8.00\/dlr for a while<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Steepness in yield curve, govt to auction long end<\/p>\n<p><span><\/span><\/p>\n<p>* December PPI data out on Thursday<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, Jan 25 (Reuters) &#8211; South Africa&#8217;s rand<br \/>\nfell sharply to fresh one-week lows against the dollar on<br \/>\nWednesday and was see being pressured in the next few days with<br \/>\nthe Greek debt crisis dominating investors&#8217; minds.<\/p>\n<p><span><\/span><\/p>\n<p>The rand firmed to a two-month high of 7.8961<br \/>\nearlier, which attracted importer buyers of dollar and it<br \/>\nquickly retreated.<\/p>\n<p><span><\/span><\/p>\n<p>Government bonds mirrored the rand&#8217;s weakness, with the<br \/>\nlonger end of the curve coming under more pressure after the<br \/>\ngovernment said it would issue three bonds next week mainly from<br \/>\nthe long end.<\/p>\n<p><span><\/span><\/p>\n<p>The 2015 bond yield went up one basis point to<br \/>\n6.66 percent and was up six basis points on the 2026 issue<br \/>\n to 8.375 percent.<\/p>\n<p><span><\/span><\/p>\n<p>The rand was the worst performer in the session among 20<br \/>\nemerging market currencies tracked by Reuters and there will<br \/>\nlikely be no respite in the next few sessions.<\/p>\n<p><span><\/span><\/p>\n<p>It was last trading at 8.04, from Tuesday&#8217;s New York close<br \/>\nof 7.9250.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Rand seen above 8.00\/dlr for a while * Steepness in yield curve, govt to auction long end * December PPI data out on Thursday JOHANNESBURG, Jan 25 (Reuters) &#8211; South Africa&#8217;s rand fell sharply to fresh one-week lows against the dollar on Wednesday and was see being pressured in the next few days with [&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-7374","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\/7374","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=7374"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7374\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=7374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=7374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=7374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}