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The rand firmed on Tuesday after hitting a 28-month low the previous day, as the US dollar paused and riskier assets recovered. The Johannesburg stock market rose and the 2030 bond yield edged higher.
A brief pause in dollar strength offers only modest relief for South African feed import costs, with volatility expected to continue.
moneyweb.co.zaAnait Miridzhanian, Bhargav Acharya, ReutersSep 27, 2022Not enough comparable past events yet for a historical read.
Not 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.
