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The rand slipped on January 17 as the dollar edged higher on expectations of several US Federal Reserve rate hikes this year. The rand traded near 15.42 per dollar, about 0.3% weaker.
A weaker rand modestly raises the local cost of dollar-priced grain and feed imports for South African buyers.
reuters.comJan 17, 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.
