• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Rand flat on Friday – Moneyweb

Simon Osuji by Simon Osuji
June 30, 2023
in Finance
0
Rand flat on Friday – Moneyweb
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

The rand was flat in early trade on Friday ahead of budget and trade figures later in the day.

At 08:40, the rand traded at R18.75 against the dollar.

The dollar was also little changed against a basket of global currencies.

Earlier on Friday central bank data showed South African private sector credit grew 6.85% year on year in May, while money supply increased 10.30% over the same period.

Monthly budget and trade balances for May are due to be released around 1200 GMT.

Analysts polled by Reuters predict a trade surplus of R6 billion in May, higher than April’s R3.54 billion surplus.

South Africa’s benchmark 2030 government bond was weaker in early deals, the yield up 4 basis points to 10.535%.



Source link

Related posts

Huawei’s Roger Wang on How the Right Ecosystem Unlocks Scalable AI in Finance

Huawei’s Roger Wang on How the Right Ecosystem Unlocks Scalable AI in Finance

January 30, 2026
Africa’s $600 billion pension funds paradox

Africa’s $600 billion pension funds paradox

January 28, 2026
Previous Post

Exploring Namibia

Next Post

Syrex partners Seceon to Bolster Cybersecurity in South Africa – IT News Africa

Next Post
Syrex partners Seceon to Bolster Cybersecurity in South Africa – IT News Africa

Syrex partners Seceon to Bolster Cybersecurity in South Africa - IT News Africa

Leave a Reply Cancel reply

Your email address will not be published.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

RECOMMENDED NEWS

African conflicts seen as “footnotes” – Lamola

African conflicts seen as “footnotes” – Lamola

1 year ago
Mania hits used farm-equipment market as combine prices hit record

Mania hits used farm-equipment market as combine prices hit record

3 years ago
Paymentology Launches PayoCard, Mobile-First Card Platform in South Africa

Paymentology Launches PayoCard, Mobile-First Card Platform in South Africa

6 months ago
Scatec signs PPA for 900MW Shadwan wind project in Egypt

Scatec signs PPA for 900MW Shadwan wind project in Egypt

8 months 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
  • 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
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
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
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.