# Rand firmer after inflation undershoots - Moneyweb

> The rand firmed to 15.15 per dollar after South African headline inflation slowed to 4.0% year-on-year in July, below consensus. Bonds also firmed, with the 10-year yield down 4 basis points. Economists were divided on whether the Reserve Bank would cut rates again in September.

- Date: 2019-08-22 · published 2019-08-22T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/57882-rand-firmer-after-inflation-undershoots-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Lower inflation supports the rand's carry appeal and can ease import price pressure, but the gain depends on whether rate expectations hold.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-firmer-after-inflation-undershoots/

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