The rand
Rand dips as US-China trade deal uncertainty lingers
At 0645 GMT, the rand was 0.15% weaker at 14.8250 per dollar from an opening level of 14.7930.
At 0700 GMT the rand was 0.18% weaker at 14.1150 per dollar after weakening below the psychologically important 14 to the dollar market overnight.
From Wednesday, motorists will have to fork out 7 cents more for a litre of petrol.
At 1500 GMT the rand traded at 13.9675 per dollar, 0.4% weaker than its New York close of 13.9125.
At 1555 GMT the rand was 0.14% weaker at 14.4900 per dollar, a touch softer that its session best of 14.3500 reached in earlier as hopes of a de-escalation in the Sino-US tariff war spurred some buying.
At 1518 GMT, the rand traded at 14.2175 per dollar, 0.39% firmer than its close on Friday. The rand had earlier in the day weakened nearly 1% to 14.4100 as risk appetite waned.
The rand hit around 14.10 to the dollar yesterday.
Stocks ticked up boosted by gains in the gold sector.
The the rand was 0.2% weaker at 12.3275 per dollar, paring this week’s gains to about 0.6 percent but still on course for its eighth straight week of advances.
The rand had firmed 0.28 percent to 12.3300 per dollar, a touch softer from a session best 12.2325 having started trade on the backfoot.
By 1515 GMT the rand had gained 0.36% to 12.9725 per dollar, dipping below the psychological 13.00 level as investors sold the greenback and bought emerging currencies.
The rand was fetching 13.4350/dlr at 1540 GMT, 1.8% weaker than its closing levels in New York.
The rand rallied to its firmest since 26 April, scaling 13.1575 per dollar in afternoon trading, before paring gains to 1.35% at 13.1700.
The Chamber of Commerce and Industry’s latest survey shows that the monthly business confidence index increased to 94.9 in April.
It's now around 12.87 to the greenback, 16.16 to the pound and 13.98 to the euro following uncertainty over Gordhan’s future.
The State of Capture report implicates President Jacob Zuma in illegal activities related to the Gupta family.
The growth is largely due to an increase in production in mining and manufacturing.
The rand fell more than 1 percent to 15.3700 versus the greenback earlier in the session.
The rand was on the front foot in early trade, boosted by Moody's decision not to downgrade SA's debt.