{"id":965870,"date":"2024-07-16T05:28:05","date_gmt":"2024-07-16T05:28:05","guid":{"rendered":"http:\/\/localhost:8888\/dm-simulator-v2\/?p=965870"},"modified":"2024-07-16T05:28:05","modified_gmt":"2024-07-16T05:28:05","slug":"rand-extends-losses-against-greenback","status":"publish","type":"post","link":"https:\/\/elections.sabc.co.za\/elections2024\/rand-extends-losses-against-greenback\/","title":{"rendered":"Rand extends losses against greenback"},"content":{"rendered":"<p>The rand has extended losses against the greenback, as the attempted assassination of former US President Donald Trump reduced demand for riskier assets and increased demand for safe havens abroad.<\/p>\n<p>The decline in the risk-sensitive local currency followed trends observed in other emerging market currencies.<\/p>\n<p>This as speculators wagered that the attack would increase Trump&#8217;s chances of winning the US election in November.<\/p>\n<p>Locally, this week&#8217;s primary domestic driver will be the South African Reserve Bank&#8217;s interest rate decision, due on Thursday.<\/p>\n<p>The focus will be on any potential timing clues for an interest rate cut after a series of hold decisions.<\/p>\n<p>The rand is currently trading at R18.20 to the dollar.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rand is currently trading at R18.20 to the dollar.<\/p>\n","protected":false},"author":60,"featured_media":965871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[78],"tags":[1870],"class_list":["post-965870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-rand-dollar-exchange"],"_links":{"self":[{"href":"https:\/\/elections.sabc.co.za\/elections2024\/wp-json\/wp\/v2\/posts\/965870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elections.sabc.co.za\/elections2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elections.sabc.co.za\/elections2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elections.sabc.co.za\/elections2024\/wp-json\/wp\/v2\/users\/60"}],"replies":[{"embeddable":true,"href":"https:\/\/elections.sabc.co.za\/elections2024\/wp-json\/wp\/v2\/comments?post=965870"}],"version-history":[{"count":0,"href":"https:\/\/elections.sabc.co.za\/elections2024\/wp-json\/wp\/v2\/posts\/965870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elections.sabc.co.za\/elections2024\/wp-json\/wp\/v2\/media\/965871"}],"wp:attachment":[{"href":"https:\/\/elections.sabc.co.za\/elections2024\/wp-json\/wp\/v2\/media?parent=965870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elections.sabc.co.za\/elections2024\/wp-json\/wp\/v2\/categories?post=965870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elections.sabc.co.za\/elections2024\/wp-json\/wp\/v2\/tags?post=965870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}