{"id":9400,"date":"2012-03-28T15:37:15","date_gmt":"2012-03-28T13:37:15","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/s-africa-rand-extends-losses-on-sp-outlook-downgrade\/"},"modified":"2012-03-28T15:37:15","modified_gmt":"2012-03-28T13:37:15","slug":"s-africa-rand-extends-losses-on-sp-outlook-downgrade","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africa-rand-extends-losses-on-sp-outlook-downgrade\/","title":{"rendered":"S.Africa rand extends losses on S&amp;P outlook downgrade"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, March 28<\/span> (Reuters) &#8211; South Africa&#8217;s rand<br \/>\nextended losses against the dollar on Wednesday after ratings<br \/>\nagency SP downgraded the country&#8217;s  outlook to negative from<br \/>\nstable, citing structural economic and social problems.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>The rand weakened to 7.6650 to the greenback, down<br \/>\n0.7 percent on the day, from 7.6430 just before the SP release.<\/p>\n<p><span><\/span><\/p>\n<p>The agency said South Africa&#8217;s near-term political pressures<br \/>\nhave eased and the Treasury remained committed to fiscal<br \/>\nconsolidation, but problems such as high unemployment and a<br \/>\nstructural current account deficit persisted.<\/p>\n<p><span><\/span><\/p>\n<p>(Reporting by Stella Mapenzauswa; Editing by Ed Cropley)<\/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, March 28 (Reuters) &#8211; South Africa&#8217;s rand extended losses against the dollar on Wednesday after ratings agency SP downgraded the country&#8217;s outlook to negative from stable, citing structural economic and social problems. The rand weakened to 7.6650 to the greenback, down 0.7 percent on the day, from 7.6430 just before the SP release. The [&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-9400","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\/9400","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=9400"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9400\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}