https://newsletter.po.creamermedia.com
Deepening Democracy through Access to Information
Home / News / All News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

South African rand starts week muted as tariff uncertainty hangs over markets


Close

Embed Video

South African rand starts week muted as tariff uncertainty hangs over markets

Rand currency
Photo by Reuters

14th July 2025

By: Reuters

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

The South African rand was softer in early trade on Monday as investors mulled over US President Donald Trump's latest tariff threats.

At 0627 GMT the rand traded at 17.96 against the dollar, about 0.1% weaker than Friday's close.

Advertisement

Trump on Saturday threatened to impose a 30% tariff on imports from two of the largest US trading partners - the European Union and Mexico - beginning August 1.

South Africa also faces the prospect of a 30% trade tariff on its exports to the United States as well as an additional 10% levy because of its membership of the Brics group of developing nations.

Advertisement

South Africa's statistics agency will release mining output figures on Tuesday and retail sales data on Wednesday that should provide clues to the health of Africa's most industrialised economy.

Its benchmark 2035 government bond was weaker in early deals, as the yield rose 3 basis points to 9.905%.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za