# South African rand nears all-time low on tariff turmoil and coalition tension

> The rand neared its all-time low against the dollar, reaching 19.8225 in early trade on Wednesday. Global risk aversion linked to Trump's tariffs and uncertainty over the ruling coalition drove the decline.

- Date: 2025-04-09 · published 2025-04-09T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/25419-south-african-rand-nears-all-time-low-on-tariff-turmoil-and-coalition-tension
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Currency weakness of this size raises the rand cost of dollar-denominated feed imports, which feeds through to higher local feed prices.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/south-african-rand-nears-all-time-low-tariff-turmoil-coalition-tension-2025-04-09/

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