# USD/ZAR navigates session lows near 14.63 post-CPI results — Octa

> The rand strengthened on Wednesday, pushing USD/ZAR to around 14.63 after South African consumer inflation came in above expectations at 4.3% year on year in August. Investors were divided ahead of the SARB decision on rates the next day.

- Date: 2019-09-18 · published 2019-09-18T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/57363-usd-zar-navigates-session-lows-near-14-63-post-cpi-results-octa
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Currency moves tied to local inflation and rate expectations affect the cost of imported feed ingredients priced in dollars for South African buyers.

## Read by commodity

- USDZAR: neutral

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/750714/

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