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The South African rand was weaker in early trade on Tuesday as investors awaited the Fed's Jackson Hole symposium and local inflation figures. Statistics South Africa was due to release July inflation data, with analysts expecting a rise from 3.0%.
The 2035 government bond yield rose 1.5 basis points.
Expectations for a more dovish Fed and possible higher South African inflation shape currency and import-cost expectations. The direct price effect on feed commodities is minimal.
cnbcafrica.comReutersAug 19, 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.
