# South African rand hovers around strongest in three years as geopolitical tensions ease | Reuters

> The South African rand was trading around 16.21 per dollar on January 22, near its strongest level against the dollar in three years. Easing geopolitical tensions and reduced safe-haven demand followed US President Trump backing away from new tariff threats and ruling out force over Greenland.

- Date: 2026-01-22 · published 2026-01-22T12:00:00.000Z
- Category: geopolitics · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/21340-south-african-rand-hovers-around-strongest-in-three-years-as-geopolitical
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Easing trade tensions reduce risk premia across emerging-market currencies, which modestly lowers the local cost of imported feed inputs for South African buyers.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/africa/south-african-rand-steady-trump-backs-off-tariff-greenland-threats-2026-01-22/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.