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The South African rand weakened in early trade on Thursday as investors awaited the Fed's Jackson Hole symposium. The rand was 0.5% weaker than its previous close at 17.7425 per dollar.
Analysts said neither Fed minutes nor South African inflation data had changed sentiment much.
The rand is trading in a tight range ahead of key Fed guidance, so currency-driven changes in import costs remain small. Direct grain and feed price effects are minimal.
cnbcafrica.comAug 21, 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.
