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Plans to extend driving licence validity period, and the SOE costing South Africa R1 billion a day | SA News

Malcolm Libera
 ·26 Jun 2025

The rand remained steady on Wednesday as investors assessed the fragile ceasefire between Israel and Iran, which provided some relief to the jittery markets.

The rand was trading at 17.78 against the dollar, just shy of Tuesday’s closing price. The dollar was also little changed against a basket of currencies as markets awaited U.S. gross domestic product and jobs data.

Today, domestic investors are focusing on the producer price index data and the South African Reserve Bank’s quarterly bulletin, which will provide insights…

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