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The rand edged higher in early trade on Monday, supported by dollar weakness on bets that the Federal Reserve would slow its pace of rate hikes. Investors were also watching ANC debate over expanding the central bank's mandate.
Dollar weakness eases the rand cost of imported feed inputs, but the move is small and driven by currency rather than physical supply.
moneyweb.co.zaAlexander Winning, ReutersAug 1, 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.
