# Rand falls victim to SA’s 'noise’ in dismal November | News24

> The rand is on track for a 0.3% decline against the dollar in November, one of only four emerging-market currencies to weaken this month. Analysts attribute the underperformance to persistent power cuts and other local factors.

- Date: 2023-11-30 · published 2023-11-30T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/33452-rand-falls-victim-to-sa-s-noise-in-dismal-november-news24
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Local weakness against a broadly weaker dollar raises the South African cost of imported feed inputs, though the impact on global commodity prices is limited.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- news24.com: https://www.news24.com/business/markets/rand-falls-victim-to-sas-noise-in-dismal-november-20231130

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