# Rand slips as international factors take toll - Moneyweb

> 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.

- Date: 2019-02-27 · published 2019-02-27T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/60880-rand-slips-as-international-factors-take-toll-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

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.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/moneyweb-radio/rand-slips-as-international-factors-take-toll/

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