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Traders are shorting the South African rand and other emerging-market currencies seen as vulnerable to political risk after deadly riots. Analysts warn that upcoming elections and pandemic-driven socio-economic strain may raise political risk across developing nations.
Broader emerging-market political risk can weaken local currencies and raise import costs for feed buyers in affected countries.
dailymaverick.co.zaBloombergJul 19, 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.
