# Rand strengthens, easing Sino-US tensions aid emerging currencies - Moneyweb

> The rand touched a five-month high of about 13.99 per dollar on December 30, aided by easing China-US trade tensions and demand for high-yield emerging market assets. China's commerce ministry said it was in close contact with the US on signing the trade deal.

- Date: 2019-12-30 · published 2019-12-30T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/55834-rand-strengthens-easing-sino-us-tensions-aid-emerging-currencies-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A stronger rand reduces the local-currency cost of imported feed inputs, while the easing trade tensions support broader grain demand sentiment.

## Read by commodity

- SOY: bullish ▲
- USDZAR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-05-26 | [Emerging-markets currencies stay strong despite dollar’s rise](https://feedsoft.ai/events/41608-emerging-markets-currencies-stay-strong-despite-dollar-s-rise.md) | +2.9% | -4.2% |
| SOY | 2025-06-30 | [Positive trade news and easing Middle East tensions soothe markets \| STANLIB](https://feedsoft.ai/events/24502-positive-trade-news-and-easing-middle-east-tensions-soothe-markets-stanlib.md) | +0.4% | -3.8% |
| SOY | 2022-11-11 | [China yuan's long-term strengthening trend will not change - state media](https://feedsoft.ai/events/38905-china-yuan-s-long-term-strengthening-trend-will-not-change-state-media.md) | -0.9% | +3.7% |
| SOY | 2025-10-28 | [AUD/USD steadies as RBA rate cut bets ease, Fed decision in focus](https://feedsoft.ai/events/22669-aud-usd-steadies-as-rba-rate-cut-bets-ease-fed-decision-in-focus.md) | +4.9% | +5.2% |
| SOY | 2022-05-19 | [Brazilian real leads Latam currencies higher on China lockdown easing \| Financial Post](https://feedsoft.ai/events/41606-brazilian-real-leads-latam-currencies-higher-on-china-lockdown-easing-financial.md) | +1.1% | +2.8% |

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-strengthens-easing-sino-us-tensions-aid-emerging-currencies/

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