# Rand falls as virus fears weigh - Moneyweb

> The rand weakened against the dollar in early trade on December 3, falling 0.33% to R15.33 per dollar. Traders cited fears of new lockdowns after South Africa recorded its highest daily rise in COVID-19 cases since mid-August.

- Date: 2020-12-03 · published 2020-12-03T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/49951-rand-falls-as-virus-fears-weigh-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A weaker rand modestly raises the local cost of imported feed inputs for South African buyers. The move has no meaningful effect on global feed supply or prices.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/south-africa/rand-falls-as-virus-fears-weigh/

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