# Rand’s recovery shown in three charts - Moneyweb

> The rand has outperformed other emerging-market currencies since August 20, recovering from a five-month low against the dollar. The rebound followed easing concerns about Fed tapering, a revision that lowered South Africa's debt-to-GDP ratio, and a cautious tone from Fed Chair Powell at Jackson Hole.

- Date: 2021-08-31 · published 2021-08-31T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/45845-rand-s-recovery-shown-in-three-charts-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A stronger rand lowers the local-currency cost of imported feed ingredients for South African buyers, though the effect on global feed prices is minor.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/economy/rands-recovery-shown-in-three-charts/

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