# Market Watcher: Rand shake-up - Moneyweb

> A TreasuryONE market commentary examines the factors that caused the rand to stumble during the week of April 21 and whether a recovery is possible. The piece covers the rand's recent weakness tied to power cuts, floods and the hawkish Fed outlook. The page also includes unrelated later-dated content.

- Date: 2022-04-21 · published 2022-04-21T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/42131-market-watcher-rand-shake-up-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

The rand's weakness raises the local cost of imported feed inputs for South African buyers. The commentary describes existing moves without a new commodity-specific driver.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/moneyweb-radio/safm-market-update/market-watcher-rand-shake-up/

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