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The rand strengthened to about 15.85 per dollar after the February 25 budget speech, which showed government debt set to peak and then fall as a share of GDP. Bond yields also eased following the announcement.
Fiscal improvement supports the rand, which marginally lowers the dollar cost of South African exports. The effect on feed ingredient prices is small.
tradingpedia.comMichael FisherFeb 26, 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.
