# Here’s what’s hurting the rand right now – BusinessTech

> The rand weakened to a seven-month low against the dollar on 31 May as emerging-market pressure continued. Trump announced a 5% tariff on all Mexican goods from 10 June, rising until undocumented migration ends, adding to US-China trade tensions.

- Date: 2019-05-31 · published 2019-05-31T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/59378-here-s-what-s-hurting-the-rand-right-now-businesstech
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A weaker rand raises the local-currency cost of imported feed ingredients for South African buyers. The move reflects broad risk-off sentiment rather than a direct change in grain supply.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- businesstech.co.za: https://businesstech.co.za/news/finance/320517/heres-whats-hurting-the-rand-right-now/

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