# Rand steady ahead of ratings reviews - Moneyweb

> The rand was little changed in early trade on Friday at R17.34 against the dollar, as investors awaited S&P Global and Moody's scheduled reviews of South Africa's sovereign credit ratings. Analysts expected the ratings and outlooks to be left unchanged.

- Date: 2022-11-18 · published 2022-11-18T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/38977-rand-steady-ahead-of-ratings-reviews-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Rating decisions can move the rand and bond yields, but the expected unchanged outcome implies little direct impact on dollar-denominated feed import costs.

## Read by commodity

- USDZAR: neutral

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/markets/rand-steady-ahead-of-ratings-reviews/

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