# Rand volatility tops global peers as SA risks mount - Moneyweb

> The rand's three-month implied volatility rose for a ninth day, overtaking the Turkish lira as the most volatile currency among global peers. Traders are pricing in the risk of a credit-rating downgrade while awaiting the government's plan to rescue state utility Eskom.

- Date: 2019-02-14 · published 2019-02-14T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/60878-rand-volatility-tops-global-peers-as-sa-risks-mount-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Higher volatility and downgrade risk raise the premium on rand-denominated import costs, making dollar-priced feed purchases less predictable for South African buyers.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-volatility-tops-global-peers-as-sa-risks-mount/

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