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The rand fell about 0.9% to 17.8650 per dollar on Monday as the dollar gained globally. Analysts linked the decline to expectations of a local rate cut and concern over looming US tariffs on South African exports.
Expected rate cuts and tariff risk weaken the rand, which raises the cost of dollar-denominated feed imports for South African buyers.
reuters.comJul 28, 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.
