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The South African Reserve Bank paused its rate-cutting cycle, holding the repo rate at 7.50% in a split decision. The bank cited risks from Trump's trade war and the deadlocked national budget.
Higher-for-longer local rates support the rand and raise financing costs for South African livestock and feed operators, with limited direct effect on global grain prices.
reuters.comSfundo ParakozovMar 20, 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.
