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South African government borrowing costs fell as the Reserve Bank moved to lower inflation. The rand was at its weakest since May 15, trading at 18.1257 per dollar, as investors remained uncertain ahead of trade talks with the US and possible 30% tariffs from August 1.
The rand's weakness against the dollar raises the local cost of imported feed and fuel. Tariff risk keeps currency volatility elevated for buyers who pay in dollars.
reuters.comColleen GokoJul 31, 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.
