# South Africa's rand, stocks fall, but end 2020 stronger - Markets - Business Recorder

> The rand weakened on December 31, the final trading day of 2020, with investors cautious amid vaccine rollouts and stimulus hopes. It was about 0.6% weaker at 14.72 per dollar, and the currency finished the year near its January level after rallying 16% in the fourth quarter.

- Date: 2020-12-31 · published 2020-12-31T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/49946-south-africa-s-rand-stocks-fall-but-end-2020-stronger-markets-business-recorder
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A weaker rand slightly raises the local cost of imported feed inputs for South African buyers. The move is small and has no bearing on global grain supply.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40046276

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