Loading…
The rand traded near R17.20 per dollar despite elevated geopolitical tensions, with the dollar's broad weakness the main driver. The dollar has fallen 9.7% since the start of 2025 while the rand has gained 8.3% against it.
Investec's chief economist said investors are shifting away from US Treasuries as a safe haven.
Most of the rand's gain reflects dollar weakness rather than local strength, so the currency could reverse if the dollar rebounds. A stronger dollar would raise the rand cost of dollar-priced feed imports.
dailyinvestor.comShaun JacobsSep 30, 2025Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
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.
