The rand fell to a four-month low on Thursday as analysts rued the weakness of the local currency and the central bank governor said the bank"This data ... can have a significant impact on the financial markets," said Shaun Murison, senior market analyst at IG.
Data that shows increasing employment could signal a stronger U.S. economy, which may prompt the dollar to surge and could put additional pressure on the rand, Murison added.fell to $54.980 billion by the end of September from $55.444 billion in August, central bank data showed on Friday South Africa's benchmark 2030 government bond was slightly stronger in early deals, with the yield down 2 basis points to 10.985%.Norway's minority government said on Friday it plans to raise spending in 2024 from the country's $1.4 trillion sovereign wealth fund, the world's largest, despite rampant inflation that has hit households and businesses.To say investors were unprepared for 5% U.S.
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