# Rand slips back into range as trade jitters resurface - Moneyweb

> The South African rand weakened on Monday, giving up early gains as uncertainty over a US-China trade agreement outweighed relief from S&P's decision to change South Africa's outlook to negative rather than cut its rating. The rand traded about 14.76 per dollar and bond yields rose.

- Date: 2019-11-25 · published 2019-11-25T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/56355-rand-slips-back-into-range-as-trade-jitters-resurface-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Rand weakness raises the local-currency cost of imported feed ingredients for South African buyers, while trade uncertainty keeps risk appetite and emerging-market flows subdued.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-slips-back-into-range-as-trade-jitters-resurface/

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