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The rand firmed against major currencies on 30 May after Ramaphosa announced a leaner 28-member cabinet, trading near R14.62 per dollar. Analysts said global trade-war developments remained the main driver.
A firmer rand modestly lowers the local-currency cost of imported feed ingredients. The effect is limited while trade-war uncertainty persists.
sabcnews.comLerato MatlalaMay 30, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
