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The South African rand firmed in early trade on Tuesday after the dollar fell as investors took profits on recent greenback gains. The rand held the previous session's gains.
A firmer rand lowers the local-currency cost of imported feed ingredients, a modest easing of import costs for South African buyers.
south-africa.myfinancial.newsMy Financial NewsJan 31, 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.
