Fears about Minister Dlodlo weren't unfounded. Six months into the job, she's been accused of issuing illegal interception orders, writes Adriaan Basson.
The JSE also shrugged off earlier momentum from Chinese markets which rallied on the optimism of a partial trade deal. The rand held on to its gains as it peaked at a session high of R14.72/$ before it was recorded trading 0.01% firmer at R14.79/$ at 17:00.
The local currency fell on news China may be reluctant to accept comprehensive trade deal with the Trump administration.
With Chinese markets closed for a holiday, there was little sentiment filtering from that market. In Japan, the Nikkei eventually closed 0.59% firmer.
The rand lost 30% of its value compared to the US dollar since 2014.
The European Central Bank cut interest rates further below zero and revived bond purchases after President Mario Draghi overcame critics of his stimulus policies to make a final run at reflating the euro-area economy.
The JSE advanced on Thursday along with other global stocks as investors were optimistic on the back of the European Central Bank's rate decision.
The local currency traded in a range between R14.60 and R14.74 to the greenback on Wednesday.
The pound has faltered as dealers mulled Britain's parliamentary suspension and the outlook for a Brexit deal.
The JSE closed softer on Monday primarily on the back of losses from gold miners and a couple of blue-chips.
The rand closed at R14.74/$ on Friday.
Reactions to the headlines about the trade war have become fickle as the tension has been drawn out, however there seems to be an elevated sense of optimism that the current talks will yield a partial deal.
With the Chinese markets still closed for a holiday, the Hang Seng and Nikkei lost 0.19% and 0.49% respectively as they reacted to worse than expected US economic data.
The greenback strengthened against a basket of major currencies which saw it peak as high as 99.46 index points on the US dollar index.
Gold and other precious metals rallied on Monday after a strike against Saudi Arabian oil facilities raised the possibility of retaliatory US military action in the Middle East.
The British pound has hit a seven-week high against the dollar Friday on easing fears of a no-deal Brexit.
The JSE rallied on Wednesday on the back of broad-based gains across all the major indices which were inspired by gains across most global stocks.
The local bourse closed softer for a second consecutive session as miners extended their decline.
The local currency has strengthened to its best level in more than a month.
The rand closed at R14.74/$ on Monday.
The local currency strengthened significantly on Wednesday to record its best day in weeks.
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