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The rand edged higher to 17.6675 per dollar in early trade as investors waited for the mid-term budget statement. Money supply and private credit data were also released, and the 2030 bond yield slipped.
Currency moves ahead of the budget affect the local cost of dollar-priced feed imports. The impact on grain and feed prices is limited.
brecorder.comReutersOct 29, 2024Not 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.
