# Rand weaker before key data releases - Moneyweb

> The rand opened weaker on Tuesday above 18.00 per dollar, with the 10-year bond yield rising 7 basis points to 11.66%. Pressure on emerging-market currencies added to the effects of Moody's downgrade of South Africa to junk.

- Date: 2020-03-31 · published 2020-03-31T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/54410-rand-weaker-before-key-data-releases-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Continued rand weakness keeps local import costs elevated and reflects emerging-market risk aversion that can spill over into other dollar-priced feed inputs.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-weaker-before-key-data-releases/

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