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The rand weakened to 18.39 against the dollar on Monday as investors awaited South African inflation figures and the central bank's rate decision later in the week. The dollar was not the main driver in the session.
Pre-data positioning in the rand has little effect on feed import costs or global grain prices.
reuters.comNov 20, 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.
