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The rand steadied at 14.40 per dollar after falling more than 2% the previous session amid violence and looting following Zuma's jailing. Soldiers were deployed, and President Ramaphosa warned that supply chain disruption could cause food and medicine shortages.
Supply chain disruption in South Africa can tighten local feed and food distribution, and currency volatility raises import costs for feed ingredients.
brecorder.comReutersJul 13, 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.
