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The South African rand and stocks slipped on Friday, tracking a stronger greenback, with the rand trading near 14.60 per dollar. The rand was still on course for a weekly gain after the U.S. Federal Reserve signaled that rate increases were a while away.
Currency moves of this size are routine and have little direct effect on grain or oilseed prices for feed buyers.
brecorder.comReutersJul 30, 2021Not 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.
