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The rand weakened on Monday to about 14.79 per dollar as investors awaited the South African Reserve Bank's rate decision and developments in US-China trade talks. Analysts expected rates to be held at 6.5%.
Currency moves ahead of the central bank decision affect the local cost of imported feed ingredients, while the trade talks shape global risk sentiment.
za.investing.comNov 18, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
