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The rand was unchanged at 18.96 per dollar in early trade on December 7 ahead of South Africa's third-quarter current account data. Analysts expected a deficit of 111 billion rand, and net foreign reserves rose to $56.3 billion at the end of November.
A widening current account deficit and currency pressure raise import costs for South African feed buyers. The impact on global feed prices is limited.
southernafricanherald.comBlessing MwangiDec 7, 2023Not 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.
