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The South African Reserve Bank held rates at 6.75% and warned that tightening may follow if the Iran war drags on and fuels inflation. The bank postponed planned cuts, and the rand traded 0.3% weaker near 17.03.
A hawkish signal raises the risk of higher domestic rates, while the weaker rand increases the cost of imported feed ingredients for South African buyers.
brics24.newsBrics24 AsiaMar 29, 2026Not 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.
