# South African rand softer after back-to-back domestic data | CNBC Africa

> The South African rand softened to about 17.29 per dollar after a mixed run of local data. M3 money supply growth slowed to 6.18% and credit growth edged up to 5.86%, while the trade surplus came in far below forecasts and the budget posted a deficit of 38.35 billion rand. Foreign direct investment swung to outflows of 73.5 billion rand in the second quarter.

- Date: 2025-09-30 · published 2025-09-30T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/23174-south-african-rand-softer-after-back-to-back-domestic-data-cnbc-africa
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A weaker rand raises the local cost of imported feed inputs such as soybean meal and corn, which can lift South African feed prices. The data point to a fragile domestic economy that could keep the currency under pressure.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- cnbcafrica.com: https://www.cnbcafrica.com/2025/south-african-rand-softer-after-back-to-back-domestic-data

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