# UPDATE 1-South Africa's rand weakens, monetary policy in focus By Reuters

> 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%.

- Date: 2019-11-18 · published 2019-11-18T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/56362-update-1-south-africa-s-rand-weakens-monetary-policy-in-focus-by-reuters
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Currency moves ahead of the central bank decision affect the local cost of imported feed ingredients, while the trade talks shape global risk sentiment.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- za.investing.com: https://za.investing.com/news/update-1south-africas-rand-weakens-monetary-policy-in-focus-1985804

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