# Rand hands Dollar a hiding...but will it last? - Rand Forecasts - Expert Analysis & Predictions Since 2005

> The rand strengthened sharply in the week to March 25 after the Reserve Bank raised rates, moving toward levels last seen in October 2021. The week also featured the Ukraine war entering its second month without a peace path and rising US inflation. The rand opened the week near R14.95 per dollar.

- Date: 2022-03-28 · published 2022-03-28T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/42557-rand-hands-dollar-a-hiding-but-will-it-last-rand-forecasts-expert-analysis-and
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A stronger rand reduces the local-currency cost of dollar-priced imports for South African feed buyers. Broader war-driven commodity volatility remains the main risk to the trend.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- forexforecasts.co.za: https://www.forexforecasts.co.za/rand-hands-dollar-a-hiding-but-will-it-last/

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