# Rand loses against other emerging currencies - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

> The rand extended losses alongside other emerging-market currencies on concerns about slowing global growth. Traders are awaiting the SA Reserve Bank rate decision and Moody's credit rating announcement on Friday, with experts expecting Moody's to keep its outlook unchanged.

- Date: 2019-03-25 · published 2019-03-25T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/60384-rand-loses-against-other-emerging-currencies-sabc-news-breaking-news-special
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Currency weakness amid global growth concerns raises the local cost of imported feed inputs for South African buyers, with little direct effect on world grain prices.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- sabcnews.com: https://www.sabcnews.com/sabcnews/rand-loses-against-other-emerging-currencies/

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