# South African rand reverses losses after U.S. CPI data - Markets - Business Recorder

> The rand reversed earlier losses to trade flat at 14.5600 per dollar after March US inflation data came in stronger than expected. The dollar fell to three-week lows. Johannesburg stocks rose as markets recovered from a heavy sell-off the previous day.

- Date: 2021-04-13 · published 2021-04-13T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/47905-south-african-rand-reverses-losses-after-u-s-cpi-data-markets-business-recorder
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

US inflation data shapes expectations for Fed rates, which drive the dollar and emerging-market currencies. Feed buyers in South Africa face currency-driven import costs that move with these expectations.

## Read by commodity

- USDZAR: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40084037

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