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The rand fell more than 1% to 14.37 per dollar on Monday as violence spread after former President Zuma's jailing. South Africa extended tight Covid-19 restrictions by 14 days amid a third wave driven by the Delta variant.
Lockdown extensions and unrest weigh on South African demand and logistics, and a weaker rand raises the cost of imported feed ingredients.
cnbcafrica.comReutersJul 12, 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.
