• Conflict over water, coal

    SA's leaders have upped their support of the water-intensive coal industry, says Keith Schneider.

  • Cost of doing business

    The world can't afford the $4.7trn a year in environmental costs of business, says Mandi Smallhorne.

  • Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

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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

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