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The rand was steady in thin holiday trade and was on course for gains of about 12% against the dollar this year. It is the biggest annual jump since 2009, helped by improved fiscal performance, inflation containment and high precious-metal prices.
Currency moves of this size shift the import cost of feed ingredients for South African buyers, with a firmer rand lowering rand-denominated feed costs.
reuters.comDec 30, 2025Not 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.
