# Rand continues to strengthen as US deliberately looks to weaken dollar - Moneyweb

> The rand strengthened as a weaker US dollar lifted equity and emerging-market sentiment. Local equities closed lower on the day despite the currency gains.

- Date: 2019-06-27 · published 2019-06-27T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/58882-rand-continues-to-strengthen-as-us-deliberately-looks-to-weaken-dollar-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Dollar weakness and firmer emerging-market currencies lower the local cost of imported feed inputs for South African buyers.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/moneyweb-radio/rand-continues-to-strengthen-as-us-deliberately-looks-to-weaken-dollar/

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