• Comment of the day

    Jacques on Muthumbi junket: next the police minister will go to a renewables congress.

  • Rand in crisis

    The rand plunge reflects SA's leadership woes, says Leopold Scholtz.

  • Ignorance is no excuse

    The SA Tourism CEO should stop shifting blame for the visa fiasco, says Solly Moeng.

All data is delayed
Loading...
See More

Markets unmoved by mini budget

Oct 25 2012 15:51
I-Net Bridge

Johannesburg - South African markets hardly reacted to the medium-term budget policy statement (MTBPS) on Thursday.

At 3:06pm the rand was bid at R8.6967 per dollar from R8.7150 at 1:56pm. Against the euro‚ the rand was at R11.2773 from R11.3186 and against the pound it was R14.0263 from R14.0535.

The JSE All Share [JSE:J203] index slipped to 37‚032.96 from 37‚061.11‚ while the benchmark R157 bond yielded 5.430% from 5.440%.

 
rand  |  jse  |  markets

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Myths that funding and red tape are the two biggest challenges faced by emerging companies and entrepreneurs, have been debunked by a report.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Sarb’s possible intervention in the markets to stem the rand’s fall is:

Previous results · Suggest a vote

Loading...