# Rand’s recent slump is over, risks priced in – poll - Moneyweb

> A Reuters poll of 30 currency strategists found the rand has recovered from its February-March slump and is forecast at 14.20 per dollar in 12 months, weaker than the 13.85 forecast in the prior poll. Analysts cited US-China trade tensions, power blackouts, rating reviews and May elections as risks.

- Date: 2019-03-07 · published 2019-03-07T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/60379-rand-s-recent-slump-is-over-risks-priced-in-poll-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Forecasts of a weaker rand than previously expected would raise South African import costs for feed ingredients, a modest cost factor for local buyers.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rands-recent-slump-is-over-risks-priced-in-poll/

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