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The rand gained on Monday as the US dollar fell after Treasury yields retreated and US economic data disappointed. The rand traded at 14.4000 per dollar, 0.6% stronger than Friday's close.
A weaker dollar and softer US yields lower the local cost of dollar-priced feed imports for South African buyers.
reuters.comMay 3, 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.
