# Rand falls, focus on Trump’s Hong Kong response - Moneyweb

> The rand weakened early on Friday to R17.55 per dollar, retreating from a nine-week high set on Thursday. Traders were waiting for US President Trump's response to China's Hong Kong security moves. Local April trade balance and budget figures were also due later that day.

- Date: 2020-05-29 · published 2020-05-29T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/53437-rand-falls-focus-on-trump-s-hong-kong-response-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Rising US-China tensions weigh on emerging-market currencies and risk appetite, which can pressure commodity prices and raise import costs for South African feed buyers.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-falls-focus-on-trumps-hong-kong-response/

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