# South African Rand Risks Retesting August Lows as Global Market Tide Turns

> The rand fell alongside other risky currencies, commodities and stocks as global markets turned risk-averse. Analysts said USD/ZAR could return to the August high near 15.25. The rand's losses lifted USD/ZAR back to 15.00 for the first time since September.

- Date: 2021-10-27 · published 2021-10-27T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/44853-south-african-rand-risks-retesting-august-lows-as-global-market-tide-turns
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A slide toward the August lows would make imported feed ingredients more expensive in rand terms. The move reflects general risk aversion rather than a specific supply shock.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/zar/16115-south-african-rand-risks-retesting-august-lows-as-global-market-tide-turns

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