# Rand retains strength on external factors

> The rand held its gains on external factors as the emerging-market currency index reached a high. The dollar was near five-month lows after dovish Federal Reserve comments, and strong US CPI data renewed debate over inflation.

- Date: 2021-05-27 · published 2021-05-27T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/47377-rand-retains-strength-on-external-factors
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A stronger rand as dollar weakness spreads across emerging markets lowers import costs for South African feed buyers, though inflation debate could reverse the trend.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- iol.co.za: https://iol.co.za/business-report/economy/2021-05-27-rand-retains-strength-on-external-factors/

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