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The South African Reserve Bank kept its main lending rate at 6.75% and cited caution as higher energy prices from the Iran war would push up inflation. The rand was little changed at about 17.00 per dollar.
Holding rates tight signals persistent inflation risk from energy costs, which keeps the rand supported but raises domestic borrowing costs for feed businesses.
Not enough comparable past events yet for a historical read.
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.