# South African rand starts week on back foot as dollar gains | Kitco News

> The South African rand fell in early trade on Monday as the dollar advanced, down about 0.2% against the dollar. Trading was expected to be thin during the week because of public holidays.

- Date: 2023-04-24 · published 2023-04-24T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/36692-south-african-rand-starts-week-on-back-foot-as-dollar-gains-kitco-news
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Thin holiday trading and a firmer dollar are short-term currency factors with negligible impact on feed commodity prices.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- kitco.com: https://www.kitco.com/news/off-the-wire/2023-04-24/south-african-rand-starts-week-back-foot-dollar-gains

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