# Rand weaker as risk rally fades - Moneyweb

> The rand weakened 0.7% to R15.05 per dollar as a rally in riskier assets on US stimulus hopes faded. Analysts at Commerzbank said the rand remained vulnerable given weak domestic data and rising government debt.

- Date: 2021-01-22 · published 2021-01-22T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/49434-rand-weaker-as-risk-rally-fades-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A softer rand increases the cost of imported feed ingredients for South African buyers, and the move reflects broader emerging-market risk sentiment.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/south-africa/rand-weaker-as-risk-rally-fades/

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