# South Africa's rand falls as risk appetite wanes - Markets - Business Recorder

> South Africa's rand fell early on Tuesday as risk appetite waned after Russia sent troops into two breakaway regions of eastern Ukraine. The rand traded at 15.1854 per dollar, and the 2030 bond yield rose 5.5 basis points.

- Date: 2022-02-22 · published 2022-02-22T12:00:00.000Z
- Category: geopolitics · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/42979-south-africa-s-rand-falls-as-risk-appetite-wanes-markets-business-recorder
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Risk-off selling weakens the rand, which raises the cost of dollar-priced imports for South African feed buyers. Gold and commodity strength partly cushioned the move.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40156232

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