# S.African assets fall on Ukraine crisis, Fed meeting

> The rand and South African stocks weakened on January 24 as Russia-West tensions over Ukraine drove investors to the dollar. The rand traded near 15.28 per dollar, about 1.2% weaker, ahead of central bank meetings.

- Date: 2022-01-24 · published 2022-01-24T12:00:00.000Z
- Category: geopolitics · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/43433-s-african-assets-fall-on-ukraine-crisis-fed-meeting
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Risk-off flows and a stronger dollar raise the rand cost of imports, while tighter Fed policy tends to drain capital from emerging markets.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/africa/south-african-assets-slide-risk-off-trade-linked-ukraine-2022-01-24/

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