Loading…
The rand slipped as international factors weighed on it, with analysts saying the Eskom crisis had also contributed to the decline. The currency was discussed alongside global market conditions in a market commentary.
A softer rand increases the local cost of dollar-priced feed imports, but the move appears driven by global sentiment rather than a new domestic shock.
moneyweb.co.zaNompu SizibaFeb 27, 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.
