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Citadel Global's annual review traces the rand's moves between the 2021 and 2022 budget speeches, focusing on how global dollar and Fed factors drove currency swings more than local events. The rand traded near 15.23 per dollar as of February 10, 2022.
The analysis shows that global dollar strength and Fed policy drive rand moves more than domestic events, which matters for import costs when planning feed purchases.
fanews.co.zaFeb 28, 2022Not 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.
