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The rand weakened to about 17.95 per dollar on Tuesday, roughly 0.5% below Monday's close. Traders are focused on the central bank's monetary policy decision and on tariff negotiations, as South African exports face a 30% US levy.
Rand weakness increases the rand cost of dollar-priced feed imports, so buyers face higher local prices if the currency keeps falling on tariff news.
reuters.comJul 29, 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.
