# South African rand dragged lower by strong dollar - Markets - Business Recorder

> The rand was pushed lower on April 25 to 15.665 per dollar, its weakest in about three months, as a strong dollar and global growth worries weighed on emerging-market currencies. The rand had lost more than 6% the prior week on Eskom power cuts and flood damage. Emerging-market currencies were also pressured by China's COVID lockdowns and the Russia-Ukraine commodity shock.

- Date: 2022-04-25 · published 2022-04-25T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/42127-south-african-rand-dragged-lower-by-strong-dollar-markets-business-recorder
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A weaker rand raises South African import costs for feed ingredients. Broad emerging-market currency weakness reflects demand concerns that could soften commodity prices.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40169321

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