# Rand (USD/ZAR) Volatility Plummets as Foreign Interest in South Africa Wanes - Bloomberg

> 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.

- Date: 2024-10-08 · published 2024-10-08T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/28155-rand-usd-zar-volatility-plummets-as-foreign-interest-in-south-africa-wanes
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Lower currency volatility reduces hedging costs for feed importers, but the story has no direct effect on feed commodity supply or prices.

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2024-10-08/rand-usd-zar-volatility-plummets-as-foreign-interest-in-south-africa-wanes

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