# South Africa's rand steadies after tumbling on violent protests - Markets - Business Recorder

> 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.

- Date: 2021-07-13 · published 2021-07-13T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/46360-south-africa-s-rand-steadies-after-tumbling-on-violent-protests-markets
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Supply chain disruption in South Africa can tighten local feed and food distribution, and currency volatility raises import costs for feed ingredients.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40106894

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