# Rand climbs to 9-week high vs dollar - Moneyweb

> The rand strengthened to R17.31 per dollar, its strongest level since March 27, as optimism about global economic recovery lifted sentiment. Analysts noted US-China tensions over Hong Kong but said markets were looking past them. South Africa announced a further lockdown easing from June 1.

- Date: 2020-05-26 · published 2020-05-26T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/53436-rand-climbs-to-9-week-high-vs-dollar-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A firmer rand lowers the local cost of imported feed inputs for South African buyers, while risk-on sentiment supports broader commodity demand expectations.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/markets/rand-climbs-to-8-week-high-vs-dollar/
- moneyweb.co.za: https://www.moneyweb.co.za/news/markets/rand-climbs-to-nine-week-high-vs-dollar/

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