# USD/ZAR bounces off 9-month lows near 15.10 — Octa

> USD/ZAR bounced off nine-month lows near 15.10 on Wednesday after October CPI rose 0.3% month on month and 3.3% year on year. The South African Reserve Bank had kept its policy rate at 3.5% and hinted at further easing.

- Date: 2020-11-25 · published 2020-11-25T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/50426-usd-zar-bounces-off-9-month-lows-near-15-10-octa
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

This is routine FX commentary driven by EM flows and precious metals, with no direct effect on feed commodity supply or demand.

## Read by commodity

- USDZAR: neutral

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/865629/

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