# Reserve Bank keeps a keen eye on the rand as forces accelerate

> South African Reserve Bank governor Lesetja Kganyago and BIS chief Agustin Carstens warned that supply constraints and rising inflation in advanced economies will spread to emerging markets. They said Fed policy normalisation will likely realign exchange rates and reprice financial assets. Rising fuel and food prices are expected to push South African inflation higher.

- Date: 2021-10-25 · published 2021-10-25T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/44849-reserve-bank-keeps-a-keen-eye-on-the-rand-as-forces-accelerate
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A weaker rand and higher inflation raise South African import costs for feed ingredients and fuel. Currency realignment could make USD-priced feed inputs more expensive for South African buyers.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- businessday.co.za: https://www.businessday.co.za/bd/economy/2021-10-25-reserve-bank-keeps-a-keen-eye-on-the-rand-as-forces-accelerate/

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