# Rand firms on US rate expectations, stocks climb - Moneyweb

> The rand firmed on Tuesday alongside other emerging-market currencies, trading at R13.62 per dollar, after investors bet the US Federal Reserve would pause interest rate increases. Stocks also rose, with the Top 40 index up 1.3%.

- Date: 2019-01-29 · published 2019-01-29T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/61379-rand-firms-on-us-rate-expectations-stocks-climb-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of a slower US rate path weaken the dollar and support emerging-market currencies, which can ease import costs for South African buyers. The effect on feed grain prices is minor.

## Read by commodity

- DXY: bearish ▼
- USDZAR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-04-05 | [Rand gains on slow US wage growth, stocks up - Moneyweb](https://feedsoft.ai/events/59858-rand-gains-on-slow-us-wage-growth-stocks-up-moneyweb.md) | -0.3% | +0.5% |
| DXY | 2017-09-29 | [Rand firmer on dollar dip, trade surplus, stocks gain - Moneyweb](https://feedsoft.ai/events/69232-rand-firmer-on-dollar-dip-trade-surplus-stocks-gain-moneyweb.md) | +0.3% | +1.7% |
| DXY | 2025-10-29 | [South African rand gains on expectations of Fed rate cut \| CNBC Africa](https://feedsoft.ai/events/22700-south-african-rand-gains-on-expectations-of-fed-rate-cut-cnbc-africa.md) | +1.0% | +0.5% |
| DXY | 2017-01-24 | [Rand firmer after Sarb keeps rates on hold - Moneyweb](https://feedsoft.ai/events/73270-rand-firmer-after-sarb-keeps-rates-on-hold-moneyweb.md) | -0.4% | -0.6% |
| DXY | 2025-09-01 | [Stocks hit fresh record high but US dollar weakens as Fed rate cut expectations gain momentum](https://feedsoft.ai/events/23517-stocks-hit-fresh-record-high-but-us-dollar-weakens-as-fed-rate-cut-expectations.md) | -0.1% | -0.1% |

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-firms-on-us-rate-expectations-stocks-climb/

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