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The rand fell 1.5% to 18.6678 per dollar on Monday, the worst performance among 23 major emerging-market currencies tracked by Bloomberg. The drop followed a political rift in South Africa's coalition government and concerns about Trump's tariff threats.
Weaker rand raises the local cost of imported feed ingredients, while political uncertainty drives foreign outflows. The effect on global feed prices is limited.
moneyweb.co.zaMpho Hlakudi, BloombergJan 27, 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.
