# Political Risk Back on Radar in Emerging-Market Currency Trades

> 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.

- Date: 2021-07-19 · published 2021-07-19T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/46359-political-risk-back-on-radar-in-emerging-market-currency-trades
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Broader emerging-market political risk can weaken local currencies and raise import costs for feed buyers in affected countries.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- dailymaverick.co.za: https://www.dailymaverick.co.za/article/2021-07-19-political-risk-back-on-radar-in-emerging-market-currency-trades/

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