# Rand slips ahead of rates decision, ratings reviews - Moneyweb

> The rand weakened early on Thursday to 15.5350 per dollar, its softest level since the prior Friday, ahead of a Reserve Bank rate decision. Poor September retail sales data and renewed safe-haven dollar demand weighed on the currency, and credit rating reviews were due on Friday.

- Date: 2020-11-19 · published 2020-11-19T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/50427-rand-slips-ahead-of-rates-decision-ratings-reviews-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Rating-driven rand weakness is a macro event with no direct feed price implication, though it could move South African import costs.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/markets/rand-slips-ahead-of-rates-decision-ratings-reviews/

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