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The rand weakened to 17.8625 per dollar, about 0.95% softer than its prior close, on Tuesday ahead of local inflation data. Markets were also awaiting clues on US interest-rate paths.
Routine currency movement with minimal direct effect on feed prices; a weaker rand modestly raises the local cost of dollar-priced imports.
reuters.comAug 20, 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.
