# South Africa's rand slips; US Fed policy meeting in focus - Markets - Business Recorder

> The South African rand fell early to 15.0850 per dollar, 0.17% weaker, as investors awaited the outcome of the US Federal Reserve's policy meeting. Analysts expected the Fed to keep its ultra-easy monetary stance.

- Date: 2021-01-27 · published 2021-01-27T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/49433-south-africa-s-rand-slips-us-fed-policy-meeting-in-focus-markets-business
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Currency moves ahead of the Fed meeting affect the rand-denominated cost of dollar-priced feed ingredients, though the move here is small and routine.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40056697

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