https://newsletter.en.creamermedia.com
Africa|Health
Africa|Health
africa|health

South African rand flat as uncertainty over Middle East conflict hangs over markets

Bank Notes

Photo by Creamer Media

20th June 2025

By: Reuters

  

Font size: - +

The South African rand was trading almost flat early on Friday, as investors worried about conflict in the Middle East, with Israel and Iran's air war entering a second week and a decision on potential US involvement.

At 0649 GMT the rand traded at 18.0250 against the dollar, little changed from Thursday's close.

The US dollar also traded flat against a basket of currencies with investors in limbo after the White House said on Thursday that Trump will decide in the next two weeks whether the US will get involved in the Israel-Iran war.

No major domestic data releases are due on Friday but domestically, investors will look to producer inflation and leading indicator data set to be released next week, to gauge the health of Africa's most industrialised economy.

South Africa's benchmark 2035 government bond was marginally stronger in early deals, as the yield fell 2 basis points to 10.12%.

Edited by Reuters

Comments

Latest News

AMIE chairperson Seymor Talpert
AMIE launches SME assistance fund
20th June 2025 By: Marleny Arnoldi

Showroom

Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine video image
Magazine round up | 20 June 2025
20th June 2025
Powerfleet GM – Africa Retail Ryan Colyn tells Engineering News that South Africa presents unique challenges in vehicle safety and fleet management
Powerfleet Retail drives innovation and safety in mobility
19th June 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.139 0.226s - 167pq - 2rq
Subscribe Now