Share

Rand little changed as markets shut down

Johannesburg - The rand was little changed against major currencies at noon on Monday when the local markets officially shut down for the Christmas and the Day of Goodwill holidays.

At 12:14‚ the rand was bid at R8.5698/$ from its previous close of R8.5700/$. The local currency was bid at R11.3259/€ from its previous close of R11.3204/€ and at R13.8675 against sterling from R13.8480 before.

The euro was bid at $1.3215 from its overnight close of $1.3179.

Meanwhile‚ there are still plenty of headwinds on the horizon‚ which could lead to a shaky end to the year‚ Dow Jones Newswires reported.

US budget negotiations remain in turmoil. Last week‚ Republican leaders in the US House of Representatives cancelled a vote on a bill aimed at partially averting a raft of automatic spending cuts and tax increases due to kick in at the beginning of 2013.
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.93
-0.1%
Rand - Pound
23.90
-0.0%
Rand - Euro
20.44
+0.1%
Rand - Aus dollar
12.34
+0.1%
Rand - Yen
0.13
-0.1%
Platinum
906.59
+1.1%
Palladium
1,012.66
+1.1%
Gold
2,221.84
+1.2%
Silver
24.88
+1.0%
Brent Crude
86.09
-0.2%
Top 40
68,346
+1.0%
All Share
74,536
+0.9%
Resource 10
57,251
+2.9%
Industrial 25
103,936
+0.6%
Financial 15
16,502
-0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders