# South African rand, stocks stronger before Fed outcome | Financial Post

> The rand strengthened on Wednesday, January 26, as global risk appetite improved ahead of the Fed's policy decision. The rand traded near 15.18 per dollar, about 0.4% stronger, and markets expected a March rate hike.

- Date: 2022-01-26 · published 2022-01-26T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/43439-south-african-rand-stocks-stronger-before-fed-outcome-financial-post
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A firmer rand lowers the rand cost of dollar-priced feed imports, though the expected Fed tightening limits the upside for emerging-market currencies.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/south-african-rand-stocks-stronger-before-fed-outcome

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