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The rand firmed in early trade on Thursday, recouping some of its recent losses after Trump announced a 90-day tariff pause for many countries. The currency had hit a record low the previous day when country-specific tariffs took effect.
The tariff pause eases pressure on the rand and lowers the local cost of dollar-priced feed imports, although trade uncertainty remains.
Not 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.