# South African rand hits record low on new tariffs and coalition risk

> The rand hit an all-time low of 19.9325 to the dollar on Wednesday, beating the previous record of 19.9075 set in June 2023. The move reflected investor concern over Trump's trade war and the possibility that South Africa's coalition government could split.

- Date: 2025-04-09 · published 2025-04-09T12:00:00.000Z
- Category: macro · region South Africa · magnitude medium
- Page: https://feedsoft.ai/events/25418-south-african-rand-hits-record-low-on-new-tariffs-and-coalition-risk
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A record low in the rand sharply raises the local cost of imported feed ingredients priced in dollars, which pushes up feed costs for South African livestock producers.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/south-african-rand-near-record-low-tariff-war-coalition-friction-2025-04-09/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.