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A Common Sense economist argues the rand's weakness against the dollar reflects expectations for stronger US growth and Fed rate hikes rather than South African politics. The rand had moved from near R16.00 in early September to around R16.61.
The analysis reinforces that dollar strength, driven by US rate expectations, is the main pressure on emerging-market currencies that affect local feed import costs.
thecommonsense.co.zaEconomics DeskOct 28, 2026Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
