Monday, July 28, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Rand firms as risk sentiment improves

Simon Osuji by Simon Osuji
November 21, 2023
in Finance
0
Rand flat as business confidence index due
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The rand firmed in early trade on Tuesday, as risk sentiment improved on rising expectations that the US Federal Reserve would stop hiking interest rates.

At 0641 GMT, the rand traded at R18.33 against the dollar.

The dollar index was last trading down around 0.15% against a basket of major currencies.

ADVERTISEMENT

CONTINUE READING BELOW

Around 0700 GMT, the central bank will publish its leading indicator, which collects data including vehicle sales, business confidence and money supply in Africa’s most industrialised nation.

Investor focus will also be on inflation figures due on Wednesday and an interest rate decision by the South African Reserve Bank on Thursday.

Global markets are awaiting minutes of the US Federal Reserve’s last meeting later in the day for cues on where rates are headed.

South Africa’s benchmark 2030 government bond was stronger in early deals, with the yield down 7 basis points to 9.985%.



Source link

Related posts

Airbus bolsters African aviation with Jo’burg support hub

Airbus bolsters African aviation with Jo’burg support hub

July 25, 2025
Ghana to License Crypto Platforms as $3B Transactions Spur Regulation

Ghana to License Crypto Platforms as $3B Transactions Spur Regulation

July 25, 2025
Previous Post

Samsung Electronics Ranked As A Top Five Best Global Brand For Fourth Consecutive Year

Next Post

Synthetic imagery sets new bar in AI training efficiency

Next Post
Synthetic imagery sets new bar in AI training efficiency

Synthetic imagery sets new bar in AI training efficiency

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Lithuania Approves Leopard 2 Fleet Procurement for Planned Battalion

Lithuania Approves Leopard 2 Fleet Procurement for Planned Battalion

9 months ago
Australian Companies to Develop Long-Range Combat Drone

Australian Companies to Develop Long-Range Combat Drone

2 years ago
Funding on ‘fumes:’ The Pentagon is nearly out of money to replace weapons sent to Ukraine

Funding on ‘fumes:’ The Pentagon is nearly out of money to replace weapons sent to Ukraine

2 years ago
With $16M in fresh funds, Whistleblower Software rebrands and expands into compliance

With $16M in fresh funds, Whistleblower Software rebrands and expands into compliance

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.