# South African rand firms against weaker dollar - Markets - Business Recorder

> The rand strengthened marginally on December 30 to 14.65 per dollar as the dollar hit a two-year low. Investors weighed new lockdown measures against US stimulus news that has regularly boosted the currency.

- Date: 2020-12-30 · published 2020-12-30T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/49943-south-african-rand-firms-against-weaker-dollar-markets-business-recorder
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A weaker dollar and firmer rand reduce the local cost of imported feed inputs for South African buyers. The move is small and does not change global feed supply or demand.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40045831

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