# South African rand slips due to effects US-China trade war

> The rand weakened in early trade on Thursday as risk appetite stalled after Trump signed Hong Kong legislation that drew a angry response from China. The rand was about 14.78 per dollar and bonds were slightly weaker.

- Date: 2019-11-29 · published 2019-11-29T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/56357-south-african-rand-slips-due-to-effects-us-china-trade-war
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Rand weakness raises the local cost of imported feed ingredients, and the trade tensions reduce global risk appetite.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- freshplaza.com: https://www.freshplaza.com/africa/article/9168480/south-african-rand-slips-due-to-effects-us-china-trade-war/

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