# South African Rand Volatility Seen Picking Up but Further Gains Favoured by Analysts by Year-end

> The rand recovered from September lows on Tuesday and is widely expected to gain further before year-end, though volatility may rise ahead of the US election debates. South Africa's second-quarter unemployment rate was reported at 23.3% after a methodology change.

- Date: 2020-09-29 · published 2020-09-29T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/51394-south-african-rand-volatility-seen-picking-up-but-further-gains-favoured-by
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Expected rand strength would modestly lower South African import costs for feed, while the outlook is mostly currency commentary with little direct effect on feed prices.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/zar/14248-south-african-rand-volatility-seen-picking-up-but-further-gains-favoured-by-analysts-by-year-end

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