# South Africa's rand and stocks slip, tracking global moves - Markets - Business Recorder

> 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.

- Date: 2021-07-30 · published 2021-07-30T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/46355-south-africa-s-rand-and-stocks-slip-tracking-global-moves-markets-business
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Currency moves of this size are routine and have little direct effect on grain or oilseed prices for feed buyers.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40110154

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