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10 Jun 2013

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Rand slides more than 1.7%

Reuters

Johannesburg - The rand fell more than 1.7% against the dollar in early Monday trade and government bonds also weakened, weighed down by the threat of more strikes in the mining sector.

The rand touched a week's low of R10.1425 after ending Friday's session at R9.9700.

The yield on the benchmark 2026 issue climbed 16 basis points to 8.105%, while the 2015 paper was up 10 basis points at 6.26%.

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Currencies Commodities Jse Indexes

Rand - Dollar

19.16

-0.8%

Rand - Pound

23.83

-0.7%

Rand - Euro

20.40

-0.5%

Rand - Aus dollar

12.31

-0.6%

Rand - Yen

0.12

-0.6%

Platinum

950.80

-0.2%

Palladium

1,031.50

-0.3%

Gold

2,383.17

+0.9%

Silver

28.32

+0.3%

Brent Crude

87.29

-3.1%

Top 40

67,190

+0.4%

All Share

73,271

+0.4%

Resource 10

63,297

-0.1%

Industrial 25

98,419

+0.6%

Financial 15

15,480

+0.6%

All JSE data delayed by at least 15 minutes

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