# Rand falls as trade war concerns hurt sentiment - Moneyweb

> The rand fell more than 1% on 28 May as Sino-US trade tensions weighed on sentiment, trading at 14.59 per dollar. South African bond yields rose and local equities slipped.

- Date: 2019-05-28 · published 2019-05-28T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/59379-rand-falls-as-trade-war-concerns-hurt-sentiment-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Currency weakness lifts the rand cost of imported feed inputs. The decline mainly reflects global trade-war risk aversion.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-falls-as-trade-war-concerns-hurt-sentiment/

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