# South African rand hits nine-month high, as Fed remarks knock dollar | Reuters

> The South African rand strengthened to a nine-month high on Friday, helped by a weaker dollar and a rebound in gold prices. The moves followed Fed Chair Jerome Powell's signal of a possible rate cut at the September meeting. The rand had been range-bound earlier in the week despite the highest consumer inflation print in ten months.

- Date: 2025-08-22 · published 2025-08-22T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/23607-south-african-rand-hits-nine-month-high-as-fed-remarks-knock-dollar-reuters
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A firmer rand lowers the local-currency cost of South African imports and can affect South African demand for feed-grade commodities. The main driver is the dollar's weakness after dovish Fed signals.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/africa/south-african-rand-hits-nine-month-high-fed-remarks-knock-dollar-2025-08-22/

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