# Rand leads EM declines - Moneyweb

> 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.

- Date: 2025-01-27 · published 2025-01-27T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/26804-rand-leads-em-declines-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Weaker rand raises the local cost of imported feed ingredients, while political uncertainty drives foreign outflows. The effect on global feed prices is limited.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/markets/rand-leads-em-declines/

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