Loading…
Rand volatility has fallen to its lowest since 2015, with historical price swings below 12%. The article attributes the calm to a long-term decline in foreign investor interest in South Africa.
Lower currency volatility reduces hedging costs for feed importers, but the story has no direct effect on feed commodity supply or prices.
bloomberg.comMpho HlakudiOct 8, 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.
