# Rand firms as dollar takes a breather - Moneyweb

> 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.

- Date: 2022-09-27 · published 2022-09-27T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/39846-rand-firms-as-dollar-takes-a-breather-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A brief pause in dollar strength offers only modest relief for South African feed import costs, with volatility expected to continue.

## Read by commodity

- DXY: bearish ▼
- USDZAR: bearish ▼

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/markets/rand-firms-as-dollar-takes-a-breather/

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